Astronics (OTCMKTS:ATROB) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Astronics Corp. (OTCMKTS:ATROB)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $80.74 and traded as high as $426.75. Astronics shares last traded at $426.75, with a volume of 6 shares changing hands.

Astronics Price Performance

The firm has a 50-day simple moving average of $87.97 and a 200 day simple moving average of $73.22. The company has a debt-to-equity ratio of 2.07, a current ratio of 2.97 and a quick ratio of 1.63. The company has a market capitalization of $15.29 billion, a PE ratio of 361.65 and a beta of 1.09.

Astronics (OTCMKTS:ATROB) last released its quarterly earnings data on Tuesday, May 12th. The aerospace company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.56 by $0.03. Astronics had a return on equity of 49.34% and a net margin of 5.12%.The company had revenue of $230.62 million for the quarter, compared to analyst estimates of $225.52 million.

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.