Sterling Construction Company Inc (NASDAQ:STRL) traded at a new 52-week high today of $30.33. This new high was reached on below average trading volume as 122,000 shares traded hands, while the average 30-day volume is approximately 215,000 shares.
Sterling Construction Company Inc share prices have moved between a 52-week high of $30.33 and a 52-week low of $19.20 and are now trading 58% above that low price at $30.24 per share.
Sterling Construction Co Inc is a construction company specializes in heavy civil infrastructure construction and infrastructure rehabilitation as well as residential construction projects. The company operates in three reportable segments namely, Heavy Civil, Specialty Services, and Residential. Heavy civil construction projects include highways, roads, bridges, airfields, ports, light rail, and others. Residential construction projects include concrete foundations for single-family homes. Specialty Services includes the services which are provided to the large, blue-chip companies in the e-commerce, data center, distribution center, and warehousing, energy, mixed-use, and multi-family sectors. The majority of the revenue is generated from the Heavy Civil segment.
Sterling Construction Company Inc (NASDAQ:STRL) defies analysts with a current price ($30.24) 27.1% above its average consensus price target of $22.05.
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