Astronics (OTCMKTS:ATROB) Hits New 12-Month High – Time to Buy?

Astronics Co. (OTCMKTS:ATROBGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $28.50 and last traded at $28.50, with a volume of 2211 shares. The stock had previously closed at $27.63.

Astronics Price Performance

The company has a fifty day moving average of $23.85 and a 200 day moving average of $19.43. The firm has a market capitalization of $1.06 billion, a P/E ratio of -157.89 and a beta of 1.27. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.83 and a quick ratio of 1.46.

Astronics (OTCMKTS:ATROBGet Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter. Astronics had a positive return on equity of 6.94% and a negative net margin of 0.82%.

Astronics Company Profile

(Get Free Report)

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.

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