Astronics (OTCMKTS:ATROB) Sets New 1-Year High - Here's What Happened

Key Points

• Astronics Corp. reached a new 52-week high of $44.88 during trading, indicating significant movement in the stock's value.
• The company reported $0.38 EPS for the last quarter, surpassing analysts' expectations of $0.33, although its revenue of $204.68 million fell short of estimates.
• Astronics has a market cap of $1.59 billion and a debt-to-equity ratio of 0.59, reflecting a stable financial standing.

Astronics Corp. (OTCMKTS:ATROB - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $44.88 and last traded at $44.88, with a volume of 124 shares changing hands. The stock had previously closed at $44.40.

Astronics Stock Performance

The company has a current ratio of 3.04, a quick ratio of 1.63 and a debt-to-equity ratio of 0.59. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of -373.97 and a beta of 1.51. The stock has a fifty day moving average price of $36.22 and a 200 day moving average price of $31.03.

Astronics (OTCMKTS:ATROB - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The aerospace company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.05. The business had revenue of $204.68 million for the quarter, compared to analyst estimates of $210.14 million. Astronics had a positive return on equity of 22.89% and a negative net margin of 0.45%.

Astronics Company Profile

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.

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