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Astronics (OTCMKTS:ATROB) Sees Unusually-High Trading Volume - Here's Why

Astronics logo with Aerospace background

Astronics Corp. (OTCMKTS:ATROB - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 3,100 shares traded hands during trading, an increase of 176% from the previous session's volume of 1,122 shares.The stock last traded at $36.50 and had previously closed at $33.47.

Astronics Stock Performance

The company has a market cap of $1.25 billion, a price-to-earnings ratio of -294.23 and a beta of 1.42. The firm has a 50-day simple moving average of $32.41 and a 200 day simple moving average of $24.71. The company has a quick ratio of 1.49, a current ratio of 2.74 and a debt-to-equity ratio of 0.60.

Astronics (OTCMKTS:ATROB - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $0.44 EPS for the quarter. Astronics had a positive return on equity of 18.45% and a negative net margin of 0.43%.

Astronics Company Profile

(Get Free Report)

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.

Further Reading

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