Is Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

GLDD belongs to the Industrials sector of the NASDAQ while operating in the Engineering & Construction industry. The current market capitalization of Great Lakes Dredge & Dock Corporation is $784.39M. A total of 0.58 million shares were traded on the day, compared to an average of 421.33K shares.

In the most recent transaction, DICKERSON LAWRENCE R sold 15,936 shares of GLDD for 12.04 per share on Nov 14 ’24. After the transaction, the Director now owns 82,148 company shares. In a previous transaction on Nov 14 ’24, DICKERSON LAWRENCE R bought 15,936 shares at 12.04 per share.

Among the insiders who sold shares, DICKERSON LAWRENCE R disposed of 5,323 shares on Nov 12 ’24 at a per-share price of $12.61. This resulted in the Director holding 98,084 shares of GLDD after the transaction. In another insider transaction, Shanahan Kathleen M sold 23,238 shares at $12.63 per share on Nov 11 ’24. Company shares held by the Director now total 67,675.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, GLDD has a high of $12.89 and a low of $6.55.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. GLDD’s latest balance sheet shows that the firm has $145.46M in Cash & Short Term Investments as of fiscal 2021. There were $383.69M in debt and $154.74M in liabilities at the time. Its Book Value Per Share was $6.32, while its Total Shareholder’s Equity was $399.00M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GLDD is Buy with a score of 5.00.

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