Conrad Industries (OTCMKTS:CNRD) Stock Passes Above 50 Day Moving Average - What's Next?

Key Points

• Conrad Industries' stock price surpassed its 50-day moving average of $17.94, reaching a high of $18.50 during trading.
• The company reported a net margin of 4.28% and a return on equity of 16.87% for the latest quarter.
• Conrad Industries has a market cap of $92.72 million and a P/E ratio of -54.32, indicating financial performance concerns.

Shares of Conrad Industries Inc. (OTCMKTS:CNRD - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $17.94 and traded as high as $18.50. Conrad Industries shares last traded at $18.47, with a volume of 1,386 shares trading hands.

Conrad Industries Stock Performance

The company has a market capitalization of $99.70 million, a price-to-earnings ratio of -58.41 and a beta of 0.52. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.68 and a quick ratio of 1.65. The stock has a 50 day moving average price of $18.10 and a two-hundred day moving average price of $14.22.

Conrad Industries (OTCMKTS:CNRD - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.77 earnings per share (EPS) for the quarter. Conrad Industries had a return on equity of 16.87% and a net margin of 4.28%.

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.