Conrad Industries (OTCMKTS:CNRD) Share Price Passes Above 50-Day Moving Average – What’s Next?

Conrad Industries, Inc. (OTCMKTS:CNRDGet Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $12.67 and traded as high as $13.45. Conrad Industries shares last traded at $13.25, with a volume of 2,696 shares traded.

Conrad Industries Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.72 and a quick ratio of 1.68. The stock’s 50-day moving average price is $12.72 and its 200-day moving average price is $10.96. The company has a market cap of $65.23 million, a P/E ratio of -38.24 and a beta of 0.53.

About Conrad Industries

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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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