Moog (NYSE:MOG.B) Shares Gap Down – Here’s What Happened

Shares of Moog Inc (NYSE:MOG.B) gapped down before the market opened on Tuesday . The stock had previously closed at $197.56, but opened at $178.27. Moog shares last traded at $178.65, with a volume of 363 shares traded.

Moog Price Performance

The company has a market capitalization of $5.70 billion, a P/E ratio of 27.81 and a beta of 1.12. The business’s 50-day simple moving average is $206.24 and its 200 day simple moving average is $198.71. The company has a current ratio of 2.14, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47.

Moog (NYSE:MOG.B) last released its quarterly earnings results on Friday, January 24th. The aerospace company reported $1.78 EPS for the quarter. Moog had a net margin of 5.74% and a return on equity of 14.18%.

Moog Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be issued a $0.29 dividend. This is an increase from Moog’s previous quarterly dividend of $0.28. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend is Friday, February 7th. Moog’s payout ratio is presently 17.47%.

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.