Moog (NYSE:MOG.B) Sees Large Volume Increase - Here's What Happened

Key Points

• Moog Inc. experienced a significant increase in trading volume, with shares traded rising by 274% from the previous session, reaching 632 shares.
• The company reported earnings of $2.37 per share for the last quarter, alongside a net margin of 5.67% and revenue of $971.36 million.
• Moog announced a quarterly dividend of $0.29 per share, which equates to an annualized dividend yield of 0.6%.

Moog Inc. (NYSE:MOG.B - Get Free Report) shares saw strong trading volume on Monday . 632 shares were traded during trading, an increase of 274% from the previous session's volume of 169 shares.The stock last traded at $208.14 and had previously closed at $201.71.

Moog Trading Up 2.0%

The company has a debt-to-equity ratio of 0.56, a current ratio of 2.43 and a quick ratio of 1.49. The business's 50 day moving average price is $200.16 and its 200-day moving average price is $185.69. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 31.23 and a beta of 0.84.

Moog (NYSE:MOG.B - Get Free Report) last issued its quarterly earnings results on Friday, July 25th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter. Moog had a net margin of 5.67% and a return on equity of 14.20%. The business had revenue of $971.36 million for the quarter.

Moog Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 26th. Shareholders of record on Friday, August 8th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, August 8th. Moog's dividend payout ratio is presently 17.60%.

About Moog

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and 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.

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