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The price of Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) closed at $11.43 in the last session, down -0.35% from day before closing price of $11.47. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 0.53 million shares were traded. GLDD stock price reached its highest trading level at $11.6 during the session, while it also had its lowest trading level at $11.07.
Ratios:
We take a closer look at GLDD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Imperial Capital on August 08, 2016, Downgraded its rating to In-line and sets its target price to $4 from $5.50 previously.
On August 05, 2016, DA Davidson reiterated its Neutral rating and also upped its target price recommendation from $5 to $4.
Imperial Capital reiterated its Outperform rating for the stock on February 24, 2016, while the target price for the stock was revised from $6.50 to $5.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when Petterson Lasse sold 46,510 shares for $9.08 per share. The transaction valued at 422,306 led to the insider holds 931,101 shares of the business.
Petterson Lasse sold 28,709 shares of GLDD for $265,363 on Aug 26 ’24. The CEO & President now owns 902,392 shares after completing the transaction at $9.24 per share. On Aug 19 ’24, another insider, Petterson Lasse, who serves as the CEO & President of the company, sold 53,771 shares for $9.06 each. As a result, the insider received 487,165 and left with 987,758 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLDD now has a Market Capitalization of 767969088 and an Enterprise Value of 1234003328. As of this moment, Great’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.51, and their Forward P/E ratio for the next fiscal year is 13.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 1.848 whereas that against EBITDA is 11.807.
Stock Price History:
Over the past 52 weeks, GLDD has reached a high of $12.31, while it has fallen to a 52-week low of $6.11. The 50-Day Moving Average of the stock is 7.09%, while the 200-Day Moving Average is calculated to be 25.81%.
Shares Statistics:
According to the various share statistics, GLDD traded on average about 478.60K shares per day over the past 3-months and 352430 shares per day over the past 10 days. A total of 66.62M shares are outstanding, with a floating share count of 65.35M. Insiders hold about 2.73% of the company’s shares, while institutions hold 81.52% stake in the company. Shares short for GLDD as of 1728950400 were 792098 with a Short Ratio of 1.66, compared to 1726185600 on 877986. Therefore, it implies a Short% of Shares Outstanding of 792098 and a Short% of Float of 1.3599999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.12.
