Great Lakes Dredge & Dock (NASDAQ:GLDD) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued on Friday.
A number of other brokerages have also recently commented on GLDD. Cantor Fitzgerald restated a “hold” rating on shares of Great Lakes Dredge & Dock in a research note on Sunday, December 31st. Noble Financial started coverage on Great Lakes Dredge & Dock in a research note on Thursday, January 25th. They set a “buy” rating and a $7.50 price objective on the stock.
Great Lakes Dredge & Dock (NASDAQ GLDD) opened at $4.55 on Friday. Great Lakes Dredge & Dock has a one year low of $3.60 and a one year high of $5.70. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.74 and a current ratio of 2.02.
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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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