News headlines about Great Lakes Dredge & Dock (NASDAQ:GLDD) have been trending positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Great Lakes Dredge & Dock earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 47.6480541239259 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Great Lakes Dredge & Dock (NASDAQ:GLDD) traded up $0.10 during mid-day trading on Friday, reaching $5.20. The company had a trading volume of 255,902 shares, compared to its average volume of 192,892. The stock has a market cap of $314.55, a price-to-earnings ratio of -10.83 and a beta of 0.84. The company has a debt-to-equity ratio of 1.85, a current ratio of 2.02 and a quick ratio of 1.74. Great Lakes Dredge & Dock has a one year low of $3.60 and a one year high of $5.70.
Great Lakes Dredge & Dock (NASDAQ:GLDD) last issued its earnings results on Tuesday, November 7th. The construction company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.07). The firm had revenue of $163.31 million during the quarter, compared to analysts’ expectations of $175.95 million. Great Lakes Dredge & Dock had a negative return on equity of 3.02% and a negative net margin of 4.06%. The business’s revenue was down 17.9% on a year-over-year basis. During the same quarter last year, the business earned $0.08 EPS.
A number of equities analysts recently issued reports on the company. BidaskClub lowered Great Lakes Dredge & Dock from a “hold” rating to a “sell” rating in a research note on Wednesday. Cantor Fitzgerald restated a “hold” rating on shares of Great Lakes Dredge & Dock in a research note on Sunday, December 31st.
In related news, Director Robert B. Uhler acquired 5,320 shares of Great Lakes Dredge & Dock stock in a transaction on Friday, November 10th. The stock was acquired at an average price of $4.73 per share, for a total transaction of $25,163.60. Following the purchase, the director now owns 128,161 shares of the company’s stock, valued at approximately $606,201.53. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 8.24% of the company’s stock.
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About Great Lakes Dredge & Dock
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.
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