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Moog (NYSE:MOG.B) Shares Gap Up - Here's What Happened

Moog logo with Aerospace background

Key Points

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Shares of Moog Inc. (NYSE:MOG.B - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $195.00, but opened at $203.75. Moog shares last traded at $201.18, with a volume of 343 shares trading hands.

Moog Stock Up 2.2%

The firm's 50 day moving average is $190.86 and its two-hundred day moving average is $181.13. 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 stock has a market cap of $6.32 billion, a price-to-earnings ratio of 30.25 and a beta of 0.92.

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

Moog Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Friday, August 8th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, August 8th. Moog's dividend payout ratio is currently 17.60%.

About Moog

(Get Free Report)

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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