Astronics (OTCMKTS:ATROB) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Astronics Co. (OTCMKTS:ATROB)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.38 and traded as low as $17.75. Astronics shares last traded at $17.75, with a volume of 131 shares.

Astronics Price Performance

The business has a 50-day moving average of $16.05 and a 200-day moving average of $18.37. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.46 and a current ratio of 2.83. The stock has a market capitalization of $625.87 million, a price-to-earnings ratio of 35.00 and a beta of 1.82.

Astronics (OTCMKTS:ATROB) last issued 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 during 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.