30-Jan-2025
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Star Holdings Reports Third Quarter 2024 Results
PRNewswire (Tue, 5-Nov 4:09 PM ET)
Star Holdings engages in non-ground lease-related businesses, including real estate finance, operating properties, and land and development. Its portfolio is comprised of its interests in Asbury and Magnolia Green residential development projects, a portfolio of commercial real estate properties, and loans that are being marketed for sale. It focuses on realizing value for shareholders from the legacy portfolio by maximizing cash flows through active asset management and asset sales.
Star Hldgs trades on the NASDAQ stock market under the symbol STHO.
As of January 30, 2025, STHO stock price climbed to $8.90 with 37,349 million shares trading.
STHO has a beta of 1.13, meaning it tends to be more sensitive to market movements. STHO has a correlation of 0.20 to the broad based SPY ETF.
STHO has a market cap of $118.54 million. This is considered a Micro Cap stock.
The top ETF exchange traded funds that STHO belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.
STHO has underperformed the market in the last year with a price return of -25.6% while the SPY ETF gained +24.7%. STHO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -31.0% and -1.5%, respectively, while the SPY returned +4.7% and +2.3%, respectively.
STHO support price is $8.42 and resistance is $8.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that STHO shares will trade within this expected range on the day.