Zacks Investment Research upgraded Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) to Hold in a report released today.
- Updated: October 10, 2016
Zacks Investment Research has upgraded Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) to Hold in a report released on 10/10/2016.
Previously on Monday August 08, 2016, Imperial Capital reported on Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) lowered the target price from $5.50 to $4.00. At the time, this indicated a possible upside of 0.04%.
Yesterday Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) traded 4.32% higher at $3.62. The company’s 50-day moving average is $3.71 and its 200-day moving average is $4.24. The last closing price is down -14.68% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 276,043 shares of the stock were exchanged, up from an average trading volume of 168,962
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Great Lakes Dredge & Dock Corporation has a 52 week low of $2.96 and a 52 week high of $5.88 The company’s market cap is currently $0.
General Information About Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company provides dredging services in the East, West and Gulf Coasts of the United States and around the world. It operates in two segments: Dredging Operations, which involves enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock, and Environmental & Remediation Operations, which provides construction services on soil, water and sediment for clients in both the public and private sectors in the United States. It holds interests in Amboy Aggregates, which is involved in mining sand from the entrance channel to New York Harbor for providing sand and aggregate for use in road and building construction and for clean land fill; Lower Main Street Development, LLC, which is engaged in land development and sale business, and TerraSea Environmental Solutions, which is engaged in the environmental services business.
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