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Astronics (OTCMKTS:ATROB) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Astronics logo with Aerospace background

Shares of Astronics Co. (OTCMKTS:ATROB - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.02 and traded as high as $23.94. Astronics shares last traded at $23.94, with a volume of 566 shares trading hands.

Astronics Stock Down 4.5 %

The stock has a market capitalization of $740.50 million, a P/E ratio of -110.52 and a beta of 1.15. 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 firm's 50-day simple moving average is $22.39 and its 200 day simple moving average is $18.90.

About Astronics

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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.

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