Conrad Industries (OTCMKTS:CNRD) Announces Quarterly Earnings Results

by · The Cerbat Gem

Conrad Industries (OTCMKTS:CNRDGet Free Report) issued its quarterly earnings data on Friday. The company reported $0.64 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $69.35 million during the quarter. Conrad Industries had a net margin of 6.07% and a return on equity of 21.25%.

Conrad Industries Stock Down 0.4%

Shares of CNRD stock opened at $27.50 on Friday. The firm has a 50 day moving average price of $25.00 and a two-hundred day moving average price of $25.84. The company has a market capitalization of $138.05 million, a PE ratio of 7.18 and a beta of 0.55. Conrad Industries has a 12-month low of $13.01 and a 12-month high of $33.33.

Conrad Industries Company Profile

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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.

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