Conrad Industries (OTCMKTS:CNRD) Issues Earnings Results

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

Conrad Industries Trading Up 3.8%

Shares of CNRD traded up $0.95 on Wednesday, reaching $25.75. 7,972 shares of the company’s stock traded hands, compared to its average volume of 3,517. The stock’s 50 day simple moving average is $25.88 and its two-hundred day simple moving average is $26.01. The stock has a market cap of $129.21 million, a PE ratio of 8.53 and a beta of 0.62. Conrad Industries has a 52-week low of $10.28 and a 52-week 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.