Conrad Industries (OTCMKTS:CNRD) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Conrad Industries Inc. (OTCMKTS:CNRD) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $25.47 and traded as high as $27.75. Conrad Industries shares last traded at $27.40, with a volume of 5,468 shares changing hands.

Conrad Industries Price Performance

The company’s fifty day moving average price is $25.47 and its two-hundred day moving average price is $20.20. The company has a quick ratio of 1.78, a current ratio of 1.82 and a debt-to-equity ratio of 0.01. The company has a market cap of $137.49 million, a price-to-earnings ratio of 8.01 and a beta of 0.50.

Conrad Industries (OTCMKTS:CNRD) last posted its quarterly earnings data on Thursday, August 14th. The company reported $1.16 EPS for the quarter. The business had revenue of $91.48 million for the quarter. Conrad Industries had a net margin of 5.30% and a return on equity of 20.25%.

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.