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

Conrad Industries, Inc. (OTCMKTS:CNRD - Get Free Report) shares crossed 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.

Conrad Industries Trading Down 0.6 %

The business's 50 day moving average price is $10.39 and its 200-day moving average price is $9.23. The company has a market cap of $52.46 million, a price-to-earnings ratio of -2.56 and a beta of 0.46. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.63 and a current ratio of 1.68.

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

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.