Astronics (OTCMKTS:ATROB) Shares Pass Below 50-Day Moving Average - Here's Why

Astronics Corp. (OTCMKTS:ATROB - Get Free Report) shares 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 traded.

Astronics Trading Down 5.7%

The firm has a market capitalization of $1.09 billion, a P/E ratio of -257.02 and a beta of 1.42. The firm has a 50-day moving average of $30.87 and a 200-day moving average of $23.75. 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 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.