Astronics (OTCMKTS:ATROB) Stock Crosses Below 200 Day Moving Average - Here's What Happened

Shares of Astronics Co. (OTCMKTS:ATROB - Get Free Report) passed 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 traded.

Astronics Trading Up 4.0 %

The business has a 50 day moving average of $15.99 and a two-hundred day moving average of $18.47. The firm has a market capitalization of $599.42 million, a price-to-earnings ratio of -89.47 and a beta of 1.82. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.46 and a current ratio of 2.83.

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

About Astronics

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.