Astronics (OTCMKTS:ATROB) Shares Gap Up – Time to Buy?

Shares of Astronics Corp. (OTCMKTS:ATROB – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $55.20, but opened at $59.81. Astronics shares last traded at $59.96, with a volume of 442 shares traded.

Analyst Ratings Changes

Separately, KeyCorp upgraded shares of 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. According to MarketBeat, Astronics currently has a consensus rating of “Hold”.

Get Our Latest Research Report on ATROB

Astronics Stock Performance

The firm has a 50-day moving average price of $65.48 and a 200 day moving average price of $77.90. The firm has a market capitalization of $2.58 billion, a PE ratio of 35.27 and a beta of 1.33. The company has a quick ratio of 1.63, a current ratio of 2.97 and a debt-to-equity ratio of 1.57.

Astronics Company Profile

(Get Free Report)

Astronics Corporation develops and manufactures technologies for the aerospace, defense and other mission-critical markets. Its aerospace products include aircraft lighting and safety systems, electrical power generation and distribution equipment, cabin electronics, connectivity solutions and aircraft structures.

The company also provides automated test systems and related equipment used by aerospace and defense organizations and other manufacturers. Astronics serves customers in North America and internationally, including commercial aviation, business aviation and military markets.

Founded in 1968, Astronics is headquartered in East Aurora, New York.

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