Conrad Industries Inc. (OTCMKTS:CNRD) Short Interest Update
by Sarita Garza · The Markets DailyConrad Industries Inc. (OTCMKTS:CNRD – Get Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 84 shares, a decrease of 87.1% from the May 14th total of 653 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 10,898 shares, the short-interest ratio is currently 0.0 days.
Conrad Industries Stock Performance
OTCMKTS CNRD traded up $0.26 on Thursday, hitting $25.26. The stock had a trading volume of 200 shares, compared to its average volume of 4,061. The firm has a 50-day moving average of $24.98 and a 200-day moving average of $25.69. Conrad Industries has a 52-week low of $15.82 and a 52-week high of $33.33. The company has a market capitalization of $126.83 million, a price-to-earnings ratio of 6.60 and a beta of 0.56.
Conrad Industries (OTCMKTS:CNRD – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported $0.64 EPS for the quarter. 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 19.54%.
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.