Conrad Industries (OTCMKTS:CNRD) Share Price Passes Above 50-Day Moving Average of $9.18

Conrad Industries, Inc. (OTCMKTS:CNRD)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $9.18 and traded as high as $9.25. Conrad Industries shares last traded at $9.11, with a volume of 300 shares traded.

Conrad Industries Stock Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.89 and a quick ratio of 1.83. The business’s fifty day simple moving average is $9.17 and its 200-day simple moving average is $8.43.

Conrad Industries (OTCMKTS:CNRD) last announced its quarterly earnings results on Wednesday, May 15th. The company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $66.28 million for the quarter. Conrad Industries had a negative net margin of 8.93% and a negative return on equity of 26.31%.

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.