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Astronics (OTCMKTS:ATROB) Stock Passes Below 200-Day Moving Average - Time to Sell?

Astronics logo with Aerospace background

Astronics Co. (OTCMKTS:ATROB - Get Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $18.38 and traded as low as $17.75. Astronics shares last traded at $17.75, with a volume of 131 shares changing hands.

Astronics Stock Performance

The company has a 50 day moving average of $16.05 and a 200 day moving average of $18.37. 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 stock has a market capitalization of $625.87 million, a price-to-earnings ratio of -93.42 and a beta of 1.82.

Astronics (OTCMKTS:ATROB - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $203.70 million during the quarter.

Astronics Company Profile

(Get Free Report)

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.

Further Reading

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