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

Astronics logo with Aerospace background

Astronics Corp. (OTCMKTS:ATROB - Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-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 business has a fifty day moving average of $31.06 and a 200-day moving average of $23.80. The firm has a market cap of $1.09 billion, a PE ratio of -257.02 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.

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 (EPS) for the quarter. Astronics had a positive return on equity of 18.45% and a negative net margin of 0.43%.

Astronics Company Profile

(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.

Further Reading

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