Moog (NYSE:MOG.B) Stock Price Down 3.5% – Here’s Why

Moog Inc (NYSE:MOG.B) traded down 3.5% during trading on Monday . The stock traded as low as $183.96 and last traded at $174.97. 353 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 599 shares. The stock had previously closed at $181.23.

Moog Stock Performance

The company has a market capitalization of $5.49 billion, a P/E ratio of 26.52 and a beta of 0.87. The business has a 50 day moving average of $176.99 and a 200 day moving average of $184.60. The company has a quick ratio of 1.49, a current ratio of 2.46 and a debt-to-equity ratio of 0.61.

Moog (NYSE:MOG.B) last issued its quarterly earnings results on Friday, April 25th. The aerospace company reported $1.92 earnings per share (EPS) for the quarter. The firm had revenue of $934.84 million during the quarter. Moog had a return on equity of 14.44% and a net margin of 5.80%.

Moog Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Friday, May 9th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date was Friday, May 9th. Moog’s dividend payout ratio is currently 17.96%.

Moog Company Profile

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.