Conrad Industries (OTCMKTS:CNRD) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Conrad Industries Inc. (OTCMKTS:CNRDGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $28.02 and traded as high as $29.00. Conrad Industries shares last traded at $28.72, with a volume of 1,211 shares.

Conrad Industries Stock Down 1.0%

The company has a market capitalization of $144.12 million, a price-to-earnings ratio of 8.65 and a beta of 0.53. The stock’s 50-day simple moving average is $28.02 and its two-hundred day simple moving average is $26.31.

Conrad Industries (OTCMKTS:CNRDGet Free Report) last announced its earnings results on Friday, August 14th. The company reported $0.65 earnings per share (EPS) for the quarter. Conrad Industries had a net margin of 5.68% and a return on equity of 16.55%.

About Conrad Industries

(Get Free Report)

Conrad Industries, Inc is a U.S.-based shipbuilding and marine services company headquartered in Morgan City, Louisiana. The company specializes in the design, construction and repair of steel-hulled vessels for commercial, offshore oil and gas, and government applications. Through its three shipyards in southern Louisiana, Conrad Industries offers end-to-end solutions, from initial engineering and fabrication to final outfitting and delivery.

Its primary product lines include offshore support vessels such as platform supply vessels and crew boats, inland towing vessels and tank barges.

Featured Stories

Receive News & Ratings for Conrad Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Conrad Industries and related companies with MarketBeat.com's FREE daily email newsletter.