Great Lakes Dredge & Dock Corporation (GLDD)’s latest performance is not what we had anticipated

On Monday, Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) opened higher 3.76%% from the last session, before settling in for the closing price of $11.71. Price fluctuations for GLDD have ranged from $7.51 to $12.89 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Industrials sector company grew by 1.10% over the past five years. Company’s average yearly earnings per share was noted 13.10% at the time writing. With a float of $65.81 million, this company’s outstanding shares have now reached $67.56 million.

Let’s look at the performance matrix of the company that is accounted for 366 employees. In terms of profitability, gross margin is 22.93%, operating margin of 13.74%, and the pretax margin is 11.46%.

Great Lakes Dredge & Dock Corporation (GLDD) Insider Updates

A key investor’s attitude towards the stock of the Engineering & Construction industry is another important factor to consider. The insider ownership of Great Lakes Dredge & Dock Corporation is 3.11%, while institutional ownership is 83.32%. The most recent insider transaction that took place on Jun 03 ’25, was worth 57,925. In this transaction Director of this company sold 5,000 shares at a rate of $11.59, taking the stock ownership to the 20,404 shares. Before that another transaction happened on Jun 03 ’25, when Company’s Director proposed sale 5,000 for $11.59, making the entire transaction worth $57,927.

Great Lakes Dredge & Dock Corporation (GLDD) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 13.10% per share during the next fiscal year.

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) Trading Performance Indicators

Check out the current performance indicators for Great Lakes Dredge & Dock Corporation (GLDD). In the past quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.02, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.96 in one year’s time.

Technical Analysis of Great Lakes Dredge & Dock Corporation (GLDD)

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) saw its 5-day average volume 0.69 million, a positive change from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 84.77%.

During the past 100 days, Great Lakes Dredge & Dock Corporation’s (GLDD) raw stochastic average was set at 99.15%, which indicates a significant increase from 95.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.40% in the past 14 days, which was lower than the 54.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.48, while its 200-day Moving Average is $10.68. Nevertheless, the first resistance level for the watch stands at $12.35 in the near term. At $12.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.90. If the price goes on to break the first support level at $11.80, it is likely to go to the next support level at $11.44. Assuming the price breaks the second support level, the third support level stands at $11.25.

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) Key Stats

There are currently 67,926K shares outstanding in the company with a market cap of 825.31 million. Presently, the company’s annual sales total 762,690 K according to its annual income of 57,270 K. Last quarter, the company’s sales amounted to 242,870 K and its income totaled 33,420 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.