Astronics Corp. (OTCMKTS:ATROB – Get Free Report) shot up 21.6% during mid-day trading on Wednesday . The stock traded as high as $90.00 and last traded at $90.00. Approximately 4,954 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 38,367 shares. The stock had previously closed at $74.01.
Astronics Trading Up 5.3%
The company has a 50 day moving average of $89.96 and a two-hundred day moving average of $82.02. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.63 and a current ratio of 2.97. The stock has a market capitalization of $3.97 billion, a PE ratio of 54.26 and a beta of 1.10.
Astronics (OTCMKTS:ATROB – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.03. The firm had revenue of $230.62 million for the quarter, compared to the consensus estimate of $225.52 million. Astronics had a net margin of 8.40% and a return on equity of 75.27%.
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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