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Moog (NYSE:MOG.A) Stock Crosses Above 200-Day Moving Average - Here's Why

Moog logo with Aerospace background
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Key Points

  • Technical breakout: Moog shares crossed above their 200‑day moving average, trading as high as $314.77 and last at $312.85 versus the 200‑day MA of $264.69 (50‑day MA $316.01), with 205,410 shares changing hands.
  • Strong quarterly results: The company posted Q EPS of $2.63 vs. $2.21 consensus and revenue of $1.10 billion (up 21.2% YoY), and analysts project full‑year EPS of 8.29.
  • Insider selling: Recent sales by a VP (992 shares) and a director (2,000 shares) reduced their holdings, and insiders now own 1.46% of the company.
  • MarketBeat previews the top five stocks to own by May 1st.

Moog Inc. (NYSE:MOG.A - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $264.69 and traded as high as $314.77. Moog shares last traded at $312.8520, with a volume of 205,410 shares trading hands.

Moog Price Performance

The business has a fifty day simple moving average of $316.01 and a two-hundred day simple moving average of $264.69. The company has a current ratio of 2.33, a quick ratio of 1.46 and a debt-to-equity ratio of 0.51. The stock has a market cap of $9.93 billion, a PE ratio of 38.67 and a beta of 0.99.

Moog (NYSE:MOG.A - Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The aerospace company reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.42. Moog had a net margin of 6.38% and a return on equity of 15.47%. The company had revenue of $1.10 billion during the quarter. During the same quarter in the previous year, the business earned $1.78 earnings per share. The firm's revenue was up 21.2% compared to the same quarter last year. Research analysts forecast that Moog Inc. will post 8.29 earnings per share for the current year.

Insider Buying and Selling at Moog

In other news, VP Paul Wilkinson sold 992 shares of the company's stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $329.80, for a total transaction of $327,161.60. Following the completion of the sale, the vice president owned 7,198 shares of the company's stock, valued at $2,373,900.40. This represents a 12.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Brenda Reichelderfer sold 2,000 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $312.27, for a total transaction of $624,540.00. Following the completion of the transaction, the director owned 2,585 shares in the company, valued at $807,217.95. The trade was a 43.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.46% of the stock is owned by insiders.

Moog Company Profile

(Get Free Report)

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids. Its Space and Defense Controls segment provides controls for satellites, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance, and other defense applications; and gun aiming, stabilization, and automatic ammunition loading for armored combat vehicles.

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