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

Conrad Industries logo with Aerospace background

Conrad Industries, Inc. (OTCMKTS:CNRD - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $11.67 and traded as high as $12.35. Conrad Industries shares last traded at $12.05, with a volume of 15,524 shares changing hands.

Conrad Industries Trading Down 0.4%

The company's 50-day moving average is $11.79 and its 200-day moving average is $12.19. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.68 and a current ratio of 1.72. The firm has a market cap of $71.26 million, a price-to-earnings ratio of -41.76 and a beta of 0.38.

Conrad Industries (OTCMKTS:CNRD - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.77 earnings per share for the quarter. Conrad Industries had a negative return on equity of 2.22% and a negative net margin of 0.59%.

About Conrad Industries

(Get Free Report)

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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