Conrad Industries (OTCMKTS:CNRD) Posts 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) issued its quarterly earnings results on Thursday. The company reported $1.16 earnings per share for the quarter, Zacks reports. The business had revenue of $91.48 million for the quarter. Conrad Industries had a return on equity of 20.76% and a net margin of 5.30%.

Conrad Industries Stock Performance

CNRD traded up $0.66 on Tuesday, hitting $22.96. 280 shares of the stock traded hands, compared to its average volume of 6,370. The firm has a market capitalization of $115.26 million, a PE ratio of -67.53 and a beta of 0.52. The business has a fifty day moving average price of $18.50 and a two-hundred day moving average price of $14.48. Conrad Industries has a 52 week low of $9.85 and a 52 week high of $22.96. The company has a current ratio of 1.68, a quick ratio of 1.65 and a debt-to-equity ratio of 0.01.

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.