Conrad Industries (OTCMKTS:CNRD) Stock Crosses Above 50-Day Moving Average of $7.94

Conrad Industries, Inc. (OTCMKTS:CNRDGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.94 and traded as high as $8.85. Conrad Industries shares last traded at $8.85, with a volume of 1,490 shares changing hands.

Conrad Industries Price Performance

The company has a 50 day moving average of $7.94 and a 200-day moving average of $8.23. The firm has a market capitalization of $44.43 million, a P/E ratio of -2.17 and a beta of 0.47. The company has a current ratio of 1.89, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03.

Conrad Industries (OTCMKTS:CNRDGet Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $66.28 million during the quarter. Conrad Industries had a negative return on equity of 26.31% and a negative net margin of 8.93%.

Conrad Industries Company Profile

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Conrad Industries, Inc engages in the construction, conversion, and repair of various steel and aluminum marine vessels in the United States. The company builds harbor tugs; specialty barges, such as crane, deck, ABS class, dry bulk cargo, aggregate, and well stim barges; inland tank, LPG inland tank, LPG pressure, LPG tank, and DS tank barges; and offshore support vessels, including liftboats, crew boats, offshore supply vessels, and offshore tugs, as well as other support equipment, such as deck and crane barges.

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