Astronics (OTCMKTS:ATROB) Reaches New 52-Week High – Time to Buy?

Astronics Corp. (OTCMKTS:ATROB)’s stock price hit a new 52-week high on Monday . The stock traded as high as $214,748.3647 and last traded at $214,748.3647, with a volume of 107663077 shares traded. The stock had previously closed at $76.88.

Astronics Stock Down 4.8%

The company has a market cap of $2.61 billion, a PE ratio of -813.47 and a beta of 0.97. The business has a 50-day simple moving average of $63.09 and a 200-day simple moving average of $49.63. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 3.07.

Astronics Company Profile

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.