Following NYSE drop, STR shifts stock again

One week after its stock was suspended from the New York Stock Exchange, Enfield solar components manufacturer STR Holdings Inc. has shifted its stock to the highest tier of the OTC Markets Group.

STR stock began trading Tuesday morning on the OTCQX market under the ticker symbol “STRI.”

OTCQX is considered the highest tier of the OTC Markets Group, with the most rigorous reporting requirements. Since last week, STR shares had been trading on the lowest tier, OTC Pink.

STRI was trading around 48 cents at noon Tuesday.

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The company lost its NYSE listing last week after its average share price fell below $1.