Astronics (OTCMKTS:ATROB) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Astronics Co. (OTCMKTS:ATROB) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.48 and traded as low as $16.35. Astronics shares last traded at $16.35, with a volume of 309 shares changing hands.

Astronics Trading Up 4.0 %

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 $599.42 million, a price-to-earnings ratio of -89.47 and a beta of 1.82. The business has a fifty day simple moving average of $15.99 and a 200 day simple moving average of $18.46.

Astronics (OTCMKTS:ATROB) last released its quarterly earnings results on Wednesday, November 6th. The aerospace company reported $0.35 EPS for the quarter. Astronics had a negative net margin of 0.82% and a positive return on equity of 6.94%. The business had revenue of $203.70 million for the quarter.

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.