Conrad Industries (OTCMKTS:CNRD) Announces Quarterly Earnings Results

Key Points

• Conrad Industries reported an earnings per share (EPS) of $1.16 for the quarter, with a net margin of 4.28% and return on equity of 16.87%.
• The company's stock experienced a price increase to $19.70, with a 52-week high of $20.75 and a low of $9.85.
• Conrad Industries specializes in the construction and repair of various marine vessels, including tugs and offshore support vessels.

Conrad Industries (OTCMKTS:CNRD - Get Free Report) announced its earnings results on Thursday. The company reported $1.16 EPS for the quarter, Zacks reports. Conrad Industries had a net margin of 4.28% and a return on equity of 16.87%.

Conrad Industries Stock Performance

Shares of CNRD traded up $0.20 during mid-day trading on Thursday, hitting $19.70. 1,558 shares of the company's stock were exchanged, compared to its average volume of 6,352. Conrad Industries has a 52 week low of $9.85 and a 52 week high of $20.75. The stock's 50-day simple moving average is $18.25 and its 200-day simple moving average is $14.31. The firm has a market cap of $98.85 million, a price-to-earnings ratio of -57.94 and a beta of 0.52. The company has a quick ratio of 1.65, a current ratio of 1.68 and a debt-to-equity ratio of 0.01.

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.

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