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

Conrad Industries, Inc. (OTCMKTS:CNRD - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.06 and traded as high as $12.51. Conrad Industries shares last traded at $12.50, with a volume of 6,047 shares traded.

Conrad Industries Stock Performance

The company has a market capitalization of $61.75 million, a PE ratio of -36.18 and a beta of 0.53. The stock's fifty day simple moving average is $12.14 and its 200-day simple moving average is $10.61. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.68 and a current ratio of 1.72.

Conrad Industries Company Profile

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.