Shares of Sterling Construction Co. (NASDAQ:STRL) saw strong trading volume on Monday . 110,162 shares changed hands during trading, an increase of 57% from the previous session’s volume of 70,310 shares.The stock last traded at $6.40 and had previously closed at $6.19.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Sterling Construction from a “hold” rating to a “sell” rating in a research report on Thursday, August 4th. 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 report on Tuesday, May 3rd. Maxim Group dropped 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 report on Wednesday, May 25th. Finally, DA Davidson upgraded shares of Sterling Construction from a “neutral” rating to a “buy” rating in a research report on Monday, May 9th.

The firm’s market cap is $155.76 million. The stock’s 50 day moving average price is $5.63 and its 200-day moving average price is $5.13.

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

A hedge fund recently raised its stake in Sterling Construction stock. Dimensional Fund Advisors LP boosted 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 Securities and Exchange Commission (SEC). The firm owned 767,920 shares of the company’s stock after buying an additional 50,439 shares during the period. Dimensional Fund Advisors LP owned about 3.92% of Sterling Construction worth $4,669,000 at the end of the most recent quarter.

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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