Shares of Sterling Construction Co. (NASDAQ:STRL) shot up 4.3% during trading on Monday . The stock traded as high as $6.44 and last traded at $6.07, with a volume of 278,307 shares trading hands. The stock had previously closed at $5.82.

Several research firms recently commented on STRL. Zacks Investment Research lowered shares of Sterling Construction from a “buy” rating to a “hold” rating in a research note on Wednesday, April 27th. DA Davidson raised shares of Sterling Construction from a “neutral” rating to a “buy” rating in a research note on Monday, May 9th. BWS Financial lowered shares of Sterling Construction from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research note on Tuesday, May 3rd. Finally, Maxim Group cut their target price on shares of Sterling Construction from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Wednesday, May 25th.

The company’s 50 day moving average is $5.37 and its 200 day moving average is $5.04. The stock’s market capitalization is $116.63 million.

Sterling Construction (NASDAQ:STRL) last announced its quarterly earnings results on Monday, August 1st. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.01. The company had revenue of $189.60 million for the quarter, compared to analysts’ expectations of $189.83 million. The firm’s revenue was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.13) earnings per share. Analysts forecast that Sterling Construction Co. will post $0.17 earnings per share for the current year.

A hedge fund recently raised its stake in Sterling Construction stock. Dimensional Fund Advisors LP increased its stake in shares of Sterling Construction Co. (NASDAQ:STRL) by 7.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 767,920 shares of the company’s stock after buying an additional 50,439 shares during the period. Dimensional Fund Advisors LP owned 3.92% of Sterling Construction worth $4,669,000 as of its most recent filing with the SEC.

Sterling Construction Company, Inc is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company’s transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail.

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