Conrad Industries (OTCMKTS:CNRD) Shares Pass Above 50 Day Moving Average – Time to Sell?

Conrad Industries, Inc. (OTCMKTS:CNRD) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $12.88 and traded as high as $13.50. Conrad Industries shares last traded at $13.27, with a volume of 9,681 shares changing hands.

Conrad Industries Trading Down 1.3 %

The stock’s fifty day simple moving average is $12.88 and its 200 day simple moving average is $11.08. The firm has a market capitalization of $66.62 million, a PE ratio of -39.03 and a beta of 0.53. The company has a quick ratio of 1.68, a current ratio of 1.72 and a debt-to-equity ratio of 0.02.

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.