Conrad Industries (OTCMKTS:CNRD) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Conrad Industries, Inc. (OTCMKTS:CNRD)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.79 and traded as low as $11.40. Conrad Industries shares last traded at $11.40, with a volume of 1,602 shares trading hands.

Conrad Industries Trading Down 1.8 %

The firm has a market cap of $57.21 million, a P/E ratio of -33.53 and a beta of 0.54. 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 firm has a fifty day moving average of $11.99 and a 200-day moving average of $11.79.

Conrad Industries Company Profile

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.