Astronics (OTCMKTS:ATROB) Stock Price Down 8.9% - What's Next?

Astronics Corp. (OTCMKTS:ATROB - Get Free Report)'s share price fell 8.9% during trading on Wednesday . The company traded as low as $33.01 and last traded at $33.01. 800 shares traded hands during trading, a decline of 30% from the average session volume of 1,141 shares. The stock had previously closed at $36.25.

Astronics Stock Up 7.0%

The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of -294.23 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 firm's fifty day simple moving average is $32.41 and its two-hundred day simple moving average is $24.71.

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 negative net margin of 0.43% and a positive return on equity of 18.45%.

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.