Conrad Industries (OTCMKTS:CNRD) Announces Quarterly Earnings Results

Conrad Industries (OTCMKTS:CNRD) posted its quarterly earnings results on Tuesday. The company reported $0.94 EPS for the quarter, Zacks reports. Conrad Industries had a return on equity of 17.11% and a net margin of 4.54%.The company had revenue of $72.03 million during the quarter.

Conrad Industries Trading Up 3.8%

CNRD stock traded up $0.95 during trading on Wednesday, hitting $25.75. The company had a trading volume of 7,972 shares, compared to its average volume of 3,517. The stock has a market cap of $129.21 million, a PE ratio of 8.53 and a beta of 0.62. The business has a 50-day moving average of $25.88 and a 200-day moving average of $26.01. Conrad Industries has a one year low of $10.28 and a one year high of $33.33.

About Conrad Industries

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.