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

Conrad Industries, Inc. (OTCMKTS:CNRD)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.33 and traded as high as $13.00. Conrad Industries shares last traded at $13.00, with a volume of 1,400 shares.

Conrad Industries Price Performance

The firm has a market capitalization of $65.26 million, a P/E ratio of -38.24 and a beta of 0.53. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.68 and a current ratio of 1.72. The business has a 50 day simple moving average of $12.33 and a two-hundred day simple moving average of $10.74.

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.