Astronics (OTCMKTS:ATROB) Share Price Crosses Below 200-Day Moving Average - Here's Why

Shares of Astronics Co. (OTCMKTS:ATROB - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $19.55 and traded as low as $15.66. Astronics shares last traded at $16.25, with a volume of 431 shares.

Astronics Stock Up 5.2 %

The business's 50 day simple moving average is $18.49 and its 200-day simple moving average is $19.54. 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 company has a market cap of $573.01 million, a price-to-earnings ratio of -85.53 and a beta of 1.87.

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