Conrad Industries (OTCMKTS:CNRD) Shares Pass Above 50-Day Moving Average – Time to Sell?

by · The Cerbat Gem

Conrad Industries, Inc. (OTCMKTS:CNRD – Get Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.39 and traded as high as $10.50. Conrad Industries shares last traded at $10.45, with a volume of 7,820 shares changing hands.

Conrad Industries Price Performance

The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.63 and a current ratio of 1.68. The company has a market capitalization of $52.46 million, a PE ratio of -2.56 and a beta of 0.46. The firm’s 50-day simple moving average is $10.38 and its 200 day simple moving average is $9.25.

Conrad Industries (OTCMKTS:CNRD – Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported $0.44 earnings per share (EPS) for the quarter. Conrad Industries had a negative net margin of 4.66% and a negative return on equity of 16.49%. The company had revenue of $85.34 million during the quarter.

About Conrad Industries

(Get Free Report)

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.

Featured Articles