Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) on Tuesday, plunged -3.04% from the previous trading day, before settling in for the closing price of $12.19. Within the past 52 weeks, GLDD’s price has moved between $7.51 and $12.89.
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A company in the Industrials sector has jumped its sales by 1.10% annually for the last half of the decade. The company achieved an average annual earnings per share of 13.10%. With a float of $65.81 million, this company’s outstanding shares have now reached $67.56 million.
In an organization with 366 employees, it is important to assess its efficiency. 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
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Great Lakes Dredge & Dock Corporation is 3.11%, while institutional ownership is 83.35%. 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
Great Lakes Dredge & Dock Corporation (GLDD) is currently performing well based on its current performance indicators. A quick ratio of 1.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was better than the volume of 0.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.89%.
During the past 100 days, Great Lakes Dredge & Dock Corporation’s (GLDD) raw stochastic average was set at 87.16%, which indicates a significant increase from 42.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.67% in the past 14 days, which was lower than the 54.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.88, while its 200-day Moving Average is $10.77. However, in the short run, Great Lakes Dredge & Dock Corporation’s stock first resistance to watch stands at $12.06. Second resistance stands at $12.31. The third major resistance level sits at $12.45. If the price goes on to break the first support level at $11.67, it is likely to go to the next support level at $11.53. Assuming the price breaks the second support level, the third support level stands at $11.28.
Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) Key Stats
Market capitalization of the company is 802.89 million based on 67,926K outstanding shares. Right now, sales total 762,690 K and income totals 57,270 K. The company made 242,870 K in profit during its latest quarter, and 33,420 K in sales during its previous quarter.
