Conrad Industries (OTCMKTS:CNRD) Shares Cross Above Fifty Day Moving Average of $7.70

Conrad Industries, Inc. (OTCMKTS:CNRD)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $7.70 and traded as high as $8.00. Conrad Industries shares last traded at $8.00, with a volume of 1,750 shares changing hands.

Conrad Industries Price Performance

The stock’s 50 day simple moving average is $7.70 and its 200 day simple moving average is $8.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.49. The firm has a market capitalization of $40.14 million, a P/E ratio of -1.48 and a beta of 0.42.

Conrad Industries (OTCMKTS:CNRD) last announced its quarterly earnings data on Monday, April 1st. The company reported ($2.57) earnings per share (EPS) for the quarter. The firm had revenue of $51.86 million during the quarter. Conrad Industries had a negative return on equity of 32.66% and a negative net margin of 11.29%.

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.