Astronics (OTCMKTS:ATROB – Get Free Report) released its earnings results on Tuesday. The aerospace company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.56 by $0.03, Zacks reports. Astronics had a net margin of 3.41% and a return on equity of 39.95%.
Astronics Stock Performance
Astronics stock remained flat at $72.20 during midday trading on Tuesday. 135 shares of the company’s stock traded hands, compared to its average volume of 110. The firm has a market cap of $2.58 billion, a P/E ratio of 93.77 and a beta of 1.04. The business’s 50 day moving average price is $70.07 and its 200-day moving average price is $64.18. Astronics has a one year low of $27.48 and a one year high of $83.00. The company has a current ratio of 3.10, a quick ratio of 1.71 and a debt-to-equity ratio of 2.39.
Astronics Company Profile
Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.
The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.
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