Moog (NYSE:MOG.B) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• Moog Inc. experienced a **70% increase** in trading volume, with approximately **343 shares** traded, from the previous session's **202 shares**.
• The company announced its quarterly earnings, reporting **$2.37 earnings per share (EPS)** and **$971.36 million** in revenue for the quarter.
• Moog declared a **quarterly dividend of $0.29**, set to be paid on **August 26th**, with an annualized dividend of **$1.16** and a yield of **0.6%**.

Moog Inc. (NYSE:MOG.B - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 343 shares traded hands during trading, an increase of 70% from the previous session's volume of 202 shares.The stock last traded at $199.33 and had previously closed at $195.00.

Moog Trading Up 4.1%

The company has a market cap of $6.43 billion, a price-to-earnings ratio of 30.80 and a beta of 0.92. The firm has a 50-day moving average price of $190.01 and a 200 day moving average price of $180.77. The company has a current ratio of 2.43, a quick ratio of 1.49 and a debt-to-equity ratio of 0.56.

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

Moog Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Friday, August 8th will be given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, August 8th. Moog's dividend payout ratio 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.

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