Conrad Industries (OTCMKTS:CNRD) Stock Passes Above Fifty Day Moving Average - Here's Why

Conrad Industries, Inc. (OTCMKTS:CNRD - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $12.88 and traded as high as $13.50. Conrad Industries shares last traded at $13.27, with a volume of 9,681 shares trading hands.

Conrad Industries Trading Down 1.3 %

The company has a current ratio of 1.72, a quick ratio of 1.68 and a debt-to-equity ratio of 0.02. The firm has a 50-day moving average price of $12.88 and a 200 day moving average price of $11.08. The company has a market cap of $66.62 million, a price-to-earnings ratio of -39.03 and a beta of 0.53.

About Conrad Industries

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.