Moog (NYSE:MOG.B) Shares Gap Down - Here's What Happened

Shares of Moog Inc (NYSE:MOG.B - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $206.00, but opened at $191.02. Moog shares last traded at $191.02, with a volume of 372 shares traded.

Moog Price Performance

The company has a quick ratio of 1.36, a current ratio of 2.20 and a debt-to-equity ratio of 0.53. The business's 50-day simple moving average is $194.83 and its 200 day simple moving average is $179.83. The firm has a market capitalization of $6.11 billion, a P/E ratio of 30.27 and a beta of 1.07.

Moog (NYSE:MOG.B - Get Free Report) last issued its quarterly earnings results on Friday, August 2nd. The aerospace company reported $1.91 EPS for the quarter. The business had revenue of $904.74 million for the quarter. Moog had a net margin of 5.72% and a return on equity of 14.51%.

Moog Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Friday, August 16th were paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date was Friday, August 16th. Moog's dividend payout ratio (DPR) is presently 17.75%.

About Moog

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.