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Astronics (OTCMKTS:ATROB) Shares Gap Down - Time to Sell?

Astronics logo with Aerospace background

Shares of Astronics Corp. (OTCMKTS:ATROB - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $35.31, but opened at $33.28. Astronics shares last traded at $33.28, with a volume of 100 shares changing hands.

Astronics Price Performance

The company has a debt-to-equity ratio of 0.60, a current ratio of 2.74 and a quick ratio of 1.49. The business has a 50-day moving average price of $32.80 and a 200-day moving average price of $25.21.

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%.

About Astronics

(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.

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