Astronics (OTCMKTS:ATROB) Stock Crosses Below 50-Day Moving Average - Here's What Happened

Astronics Co. (OTCMKTS:ATROB - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $16.98 and traded as low as $15.90. Astronics shares last traded at $15.90, with a volume of 2,049 shares traded.

Astronics Stock Performance

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 business's 50-day moving average is $16.98 and its 200-day moving average is $18.90. The company has a market capitalization of $560.67 million, a PE ratio of -83.68 and a beta of 1.83.

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