Astronics Corp. (OTCMKTS:ATROB – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $87.49, but opened at $83.00. Astronics shares last traded at $85.50, with a volume of 3,125 shares changing hands.
Astronics Stock Performance
The business’s 50-day simple moving average is $99.83 and its two-hundred day simple moving average is $79.38. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 77.29 and a beta of 1.09. The company has a quick ratio of 1.63, a current ratio of 2.97 and a debt-to-equity ratio of 2.07.
Astronics (OTCMKTS:ATROB – Get Free Report) last posted its earnings results on Tuesday, May 12th. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.03. Astronics had a net margin of 5.12% and a return on equity of 49.34%. The business had revenue of $230.62 million for the quarter, compared to analyst estimates of $225.52 million.
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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