Shares of Astronics Corp. (OTCMKTS:ATROB – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $75.95, but opened at $84.86. Astronics shares last traded at $77.00, with a volume of 2,768 shares changing hands.
Astronics Stock Down 1.4%
The company has a quick ratio of 1.63, a current ratio of 2.97 and a debt-to-equity ratio of 2.07. The business has a 50-day simple moving average of $97.03 and a 200-day simple moving average of $81.78. The stock has a market cap of $3.29 billion, a P/E ratio of 77.78 and a beta of 1.10.
Astronics (OTCMKTS:ATROB – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The aerospace company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.03. Astronics had a net margin of 5.12% and a return on equity of 49.34%. The company had revenue of $230.62 million for the quarter, compared to analyst estimates of $225.52 million.
About Astronics
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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