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

Key Points

• Moog Inc. experienced a significant increase in trading volume, with 632 shares traded on Monday, marking a 274% surge from the previous session.
• The company reported a net revenue of $971.36 million for the quarter and earnings of $2.37 per share, indicating a solid financial performance.
• Moog declared a quarterly dividend of $0.29 per share, with an annualized dividend yield of 0.5% and a payout ratio of 17.60%.

Shares of Moog Inc. (NYSE:MOG.B - Get Free Report) saw strong trading volume on Monday . 632 shares changed hands during trading, an increase of 274% from the previous session's volume of 169 shares.The stock last traded at $209.10 and had previously closed at $201.71.

Moog Stock Performance

The stock has a 50-day moving average of $201.40 and a 200-day moving average of $186.84. The firm has a market cap of $6.69 billion, a price-to-earnings ratio of 32.06 and a beta of 0.83. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.49 and a current ratio of 2.43.

Moog (NYSE:MOG.B - Get Free Report) last issued its earnings results on Friday, July 25th. The aerospace company reported $2.37 earnings per share 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 declared a quarterly dividend, which was paid on Tuesday, August 26th. Shareholders of record on Friday, August 8th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Friday, August 8th. Moog's dividend payout ratio is currently 17.60%.

Moog Company Profile

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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