Moog (NYSE:MOG.B) Sees Strong Trading Volume - Here's Why

Key Points

• Moog Inc. shares experienced an unusually-high trading volume, with approximately 237 shares traded on Monday, representing a 193% increase from the previous session.
• The company reported $2.37 earnings per share for its last quarter and a revenue of $971.36 million.
• Moog recently announced a quarterly dividend of $0.29 per share, which translates to a 0.6% annual yield and a payout ratio of 17.60%.

Moog Inc. (NYSE:MOG.B - Get Free Report) shares saw an uptick in trading volume on Monday . 237 shares traded hands during trading, an increase of 193% from the previous session's volume of 81 shares.The stock last traded at $199.03 and had previously closed at $200.00.

Moog Price Performance

The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 30.67 and a beta of 0.84. The company has a current ratio of 2.43, a quick ratio of 1.49 and a debt-to-equity ratio of 0.56. The company has a 50 day moving average of $199.86 and a 200 day moving average of $184.79.

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

Moog Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 26th. Investors of record on Friday, August 8th were paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, August 8th. Moog's dividend payout ratio (DPR) is presently 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.