Astronics (OTCMKTS:ATROB) Shares Gap Down – Here’s Why

Shares of Astronics Corp. (OTCMKTS:ATROBGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $77.98, but opened at $73.85. Astronics shares last traded at $76.6880, with a volume of 893 shares.

Astronics Price Performance

The company has a debt-to-equity ratio of 1.57, a current ratio of 2.97 and a quick ratio of 1.63. The company has a 50-day simple moving average of $74.45 and a 200-day simple moving average of $82.32. The stock has a market cap of $3.28 billion, a PE ratio of 44.82 and a beta of 1.15.

About Astronics

(Get Free Report)

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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