Conrad Industries (OTCMKTS:CNRD) Stock Price Passes Above 50-Day Moving Average of $8.57

Shares of Conrad Industries, Inc. (OTCMKTS:CNRDGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.57 and traded as high as $9.50. Conrad Industries shares last traded at $9.50, with a volume of 2,785 shares traded.

Conrad Industries Trading Up 2.7 %

The company has a current ratio of 1.89, a quick ratio of 1.83 and a debt-to-equity ratio of 0.03. The company’s fifty day simple moving average is $8.57 and its 200-day simple moving average is $8.44.

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

About Conrad Industries

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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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