Astronics (OTCMKTS:ATROB) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

Astronics Corp. (OTCMKTS:ATROB - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $30.87 and traded as low as $30.85. Astronics shares last traded at $30.85, with a volume of 881 shares.

Astronics Price Performance

The stock has a market cap of $1.09 billion, a price-to-earnings ratio of -257.02 and a beta of 1.42. The company has a 50-day simple moving average of $31.25 and a two-hundred day simple moving average of $23.91. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.49 and a current ratio of 2.74.

Astronics (OTCMKTS:ATROB - Get Free Report) last posted its earnings results 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.