Shares of Astronics Corp. (OTCMKTS:ATROB – Get Free Report) were down 14.8% during mid-day trading on Monday. The stock traded as low as $50.00 and last traded at $50.00. Approximately 2,046 shares traded hands during trading, a decline of 93% from the average daily volume of 29,046 shares. The stock had previously closed at $58.70.
Analyst Upgrades and Downgrades
Separately, KeyCorp raised Astronics to a “hold” rating in a research report on Friday, October 23rd. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.
View Our Latest Stock Report on Astronics
Astronics Trading Down 6.2%
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 business’s fifty day moving average is $66.80 and its 200-day moving average is $78.17. The stock has a market capitalization of $2.45 billion, a PE ratio of 33.54 and a beta of 1.33.
Astronics Company Profile
Astronics Corporation is an aerospace and defense technology company that designs and manufactures specialized systems and products for the global aerospace industry. Its offerings support commercial transport, military and defense, business and general aviation, and space applications.
The company’s products include aircraft electrical power generation and distribution systems, lighting and cabin-management systems, in-flight entertainment and connectivity equipment, electronic and electromechanical systems, and advanced test systems used to evaluate aerospace equipment.
Further Reading
- Five stocks we like better than Astronics
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Astronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astronics and related companies with MarketBeat.com's FREE daily email newsletter.
