Yesterday, the President – Dredging Division of Great Lakes Dredge & Dock (GLDD), David Simonelli, sold shares of GLDD for $41.52K.
Following David Simonelli’s last GLDD Sell transaction on December 15, 2014, the stock climbed by 2.6%. In addition to David Simonelli, one other GLDD executive reported Sell trades in the last month.
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Based on Great Lakes Dredge & Dock’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $185 million and quarterly net profit of $10.56 million. In comparison, last year the company earned revenue of $151 million and had a GAAP net loss of $974K. Currently, Great Lakes Dredge & Dock has an average volume of 539.36K. The company has a one-year high of $11.81 and a one-year low of $5.37.
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Great Lakes Dredge & Dock Corp. provides dredging services. It operates through two segments: Dredging and Environmental and Infrastructure. The Dredging segment involves in the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock.
