Astronics (OTCMKTS:ATROB) Shares Gap Down - Here's What Happened

Shares of Astronics Corp. (OTCMKTS:ATROB - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $32.70, but opened at $30.85. Astronics shares last traded at $30.85, with a volume of 881 shares traded.

Astronics Stock Up 17.9%

The stock has a market capitalization of $1.29 billion, a P/E ratio of -303.14 and a beta of 1.42. The company has a current ratio of 2.74, a quick ratio of 1.49 and a debt-to-equity ratio of 0.60. The business has a 50-day moving average price of $31.25 and a 200 day moving average price of $23.91.

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

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.