Conrad Industries (OTCMKTS:CNRD) Announces Quarterly Earnings Results

Conrad Industries (OTCMKTS:CNRD) announced its quarterly earnings results on Friday. The company reported $1.09 earnings per share for the quarter, Zacks reports. Conrad Industries had a return on equity of 20.25% and a net margin of 5.30%.

Conrad Industries Stock Performance

CNRD stock traded up $1.10 during midday trading on Friday, hitting $27.70. 538 shares of the company traded hands, compared to its average volume of 5,990. Conrad Industries has a twelve month low of $10.28 and a twelve month high of $29.78. The stock has a market capitalization of $139.00 million, a price-to-earnings ratio of 8.10 and a beta of 0.50. 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 business has a 50 day simple moving average of $25.63 and a 200-day simple moving average of $20.35.

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.