Astronics (OTCMKTS:ATROB) Shares Gap Down – Time to Sell?

Astronics Corp. (OTCMKTS:ATROB – Get Free Report) shares gapped down before the market opened on Tuesday. The stock had previously closed at $69.02, but opened at $66.40. Astronics shares last traded at $66.40, with a volume of 943 shares changing hands.

Astronics Stock Performance

The firm has a fifty day moving average of $74.02 and a 200-day moving average of $81.54. The company has a quick ratio of 1.63, a current ratio of 2.97 and a debt-to-equity ratio of 1.57. The firm has a market cap of $2.92 billion, a P/E ratio of 39.89 and a beta of 1.15.

Astronics Company Profile

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Astronics Corporation is a specialized aerospace and defense technology company that designs and manufactures advanced systems for aircraft and other demanding applications. Its products support commercial, business, regional and military aviation programs, as well as aerospace and defense customers worldwide.

The company’s offerings include aircraft electrical power systems, power distribution and generation equipment, lighting systems, cabin electronics, connectivity and inflight entertainment solutions, as well as avionics-related products and aircraft structures.

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