Sterling Construction Co. (NASDAQ:STRL) shares saw an uptick in 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 research firms have weighed in on STRL. Zacks Investment Research downgraded shares of Sterling Construction from a “hold” rating to a “sell” rating in a research note on Thursday, August 4th. DA Davidson upgraded shares of Sterling Construction from a “neutral” rating to a “buy” rating in a research note on Monday, May 9th. BWS Financial downgraded shares of Sterling Construction from a “buy” rating to a “hold” rating and set a $6.00 price target on the stock. in a research note on Tuesday, May 3rd. Finally, Maxim Group decreased their price target on shares of Sterling Construction from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Wednesday, May 25th.

The stock’s 50-day moving average price is $5.68 and its 200 day moving average price is $5.13. The company’s market capitalization is $162.51 million.

Sterling Construction (NASDAQ:STRL) last announced its quarterly earnings data 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. During the same quarter in the prior year, the company posted ($0.13) EPS. The firm earned $189.60 million during the quarter, compared to the consensus estimate of $189.83 million. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. Equities analysts anticipate 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 raised its position in shares of Sterling Construction Co. (NASDAQ:STRL) by 7.0% during the fourth quarter, according to its most recent filing 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 approximately 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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