Conrad Industries (OTCMKTS:CNRD) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Conrad Industries, Inc. (OTCMKTS:CNRD)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.06 and traded as high as $12.51. Conrad Industries shares last traded at $12.50, with a volume of 6,047 shares.

Conrad Industries Price Performance

The company has a current ratio of 1.72, a quick ratio of 1.68 and a debt-to-equity ratio of 0.02. The stock has a 50 day simple moving average of $12.10 and a 200-day simple moving average of $10.58. The firm has a market cap of $62.75 million, a PE ratio of -36.76 and a beta of 0.53.

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.