Digirad Co. (NASDAQ:DRAD) declared a quarterly dividend on Thursday, February 1st, Zacks reports. Shareholders of record on Thursday, February 15th will be paid a dividend of 0.055 per share by the medical equipment provider on Wednesday, February 28th. This represents a $0.22 dividend on an annualized basis and a yield of 9.57%. The ex-dividend date is Wednesday, February 14th.
Digirad (NASDAQ DRAD) opened at $2.30 on Friday. Digirad has a 52-week low of $1.90 and a 52-week high of $5.68. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.44 and a quick ratio of 1.07. The firm has a market capitalization of $47.13 and a PE ratio of -3.97.
Digirad (NASDAQ:DRAD) last issued its earnings results on Friday, November 3rd. The medical equipment provider reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.04. Digirad had a positive return on equity of 9.82% and a negative net margin of 9.93%. The business had revenue of $28.56 million during the quarter, compared to analyst estimates of $31.21 million. equities analysts forecast that Digirad will post 0.09 earnings per share for the current year.
A number of equities analysts have weighed in on DRAD shares. B. Riley reissued a “buy” rating and issued a $6.00 target price on shares of Digirad in a research report on Thursday, October 5th. TheStreet lowered Digirad from a “c” rating to a “d+” rating in a research report on Friday, November 3rd. Finally, ValuEngine lowered Digirad from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st.
In other Digirad news, major shareholder Cannell Capital Llc bought 65,508 shares of the firm’s stock in a transaction on Tuesday, January 23rd. The stock was acquired at an average price of $2.65 per share, with a total value of $173,596.20. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 11.90% of the stock is currently owned by insiders.
Digirad Corporation provides healthcare solutions. The Company’s segments include Diagnostic Services, Mobile Healthcare, Diagnostic Imaging and Medical Device Sales and Services. Through Diagnostic Services, the Company offers an imaging services program as an alternative to purchasing equipment or outsourcing the procedures to another physician or imaging center.
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