Moog (NYSE:MOG.B) Shares Gap Down – Here’s Why

Moog Inc (NYSE:MOG.B) shares gapped down before the market opened on Friday . The stock had previously closed at $180.35, but opened at $170.15. Moog shares last traded at $170.15, with a volume of 200 shares changing hands.

Moog Price Performance

The company has a current ratio of 2.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.61. The business’s fifty day moving average is $180.82 and its 200 day moving average is $195.40. The company has a market cap of $5.41 billion, a P/E ratio of 26.06 and a beta of 1.08.

Moog (NYSE:MOG.B) last announced its quarterly earnings data on Friday, January 24th. The aerospace company reported $1.78 earnings per share for the quarter. Moog had a return on equity of 14.44% and a net margin of 5.80%.

Moog Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from Moog’s previous quarterly dividend of $0.28. Moog’s payout ratio is presently 17.66%.

About Moog

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.