Astronics (OTCMKTS:ATROB) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Astronics Co. (OTCMKTS:ATROB) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $16.98 and traded as low as $15.90. Astronics shares last traded at $15.90, with a volume of 2,049 shares.

Astronics Price Performance

The company has a quick ratio of 1.46, a current ratio of 2.83 and a debt-to-equity ratio of 0.72. The stock’s 50-day moving average price is $16.98 and its 200-day moving average price is $18.90. The company has a market capitalization of $560.67 million, a price-to-earnings ratio of -83.68 and a beta of 1.83.

Astronics (OTCMKTS:ATROB) last posted its quarterly earnings data on Wednesday, November 6th. The aerospace company reported $0.35 earnings per share (EPS) for the quarter. The firm had revenue of $203.70 million for the quarter. Astronics had a positive return on equity of 6.94% and a negative net margin of 0.82%.

Astronics Company Profile

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.