Conrad Industries (OTCMKTS:CNRD) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Conrad Industries, Inc. (OTCMKTS:CNRDGet Free Report)’s share price 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 stock has a market capitalization of $66.49 million, a P/E ratio of -38.97 and a beta of 0.53. 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 company has a 50-day moving average price of $12.67 and a two-hundred day moving average price of $10.93.

Conrad Industries Company Profile

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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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