Astronics (OTCMKTS:ATROB) Shares Gap Down – Here’s What Happened

Astronics Corp. (OTCMKTS:ATROB)’s share price gapped down prior to trading on Monday . The stock had previously closed at $54.08, but opened at $51.30. Astronics shares last traded at $51.30, with a volume of 100 shares traded.

Astronics Stock Performance

The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.56 and a current ratio of 2.87. The company has a market capitalization of $1.83 billion, a P/E ratio of 28.66 and a beta of 0.99. The business has a 50 day moving average of $49.45 and a 200-day moving average of $40.15.

Astronics (OTCMKTS:ATROB) last issued its earnings results on Tuesday, November 4th. The aerospace company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. The business had revenue of $211.45 million during the quarter, compared to the consensus estimate of $212.08 million. Astronics had a positive return on equity of 29.65% and a negative net margin of 0.37%.

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.