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

Moog Inc (NYSE:MOG.BGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $222.00, but opened at $215.67. Moog shares last traded at $215.62, with a volume of 792 shares changing hands.

Moog Price Performance

The stock has a market capitalization of $6.90 billion, a price-to-earnings ratio of 33.64 and a beta of 1.08. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.27 and a current ratio of 2.10. The company has a fifty day simple moving average of $199.18 and a two-hundred day simple moving average of $185.26.

Moog Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 21st will be issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Thursday, November 21st. Moog’s dividend payout ratio is presently 17.47%.

About Moog

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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.

Further Reading

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