Great Lakes Dredge & Dock Corp Shares Drop Below 200 DMA

Stock Drop Alert: Great Lakes Dredge & Dock Corp shares fell 12.1% to $9.57, crossing below their 200-day moving average. The current price stands at a significant deviation from recent highs.

Date: 18-02-2025

AI Rating: 5

Stock Price Movement: Great Lakes Dredge & Dock Corp (Symbol: GLDD) has seen stocks trading down 12.1% on the day, falling to $9.57 per share. This decline brings the stock below its 200-day moving average of $10.38, which could indicate a bearish sentiment among investors.

52 Week Range: The one-year performance noted a low of $6.55 and a high of $12.89, with the recent trade reflecting a price of $9.45. This recent trading activity within the 52-week range signifies volatility.

This analysis does not contain data relating to Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow (FCF), or Return on Equity (ROE). However, the crossing below the 200-day moving average can signal a potential downward trend in the stock's performance, which may concern investors regarding overall market confidence in GLDD.

Stocks: GLDD