Astronics (OTCMKTS:ATROB) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Astronics Co. (OTCMKTS:ATROB)’s stock price 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 trading hands.

Astronics Price Performance

The stock has a market cap of $625.87 million, a PE ratio of 35.00 and a beta of 1.82. The company has a current ratio of 2.83, a quick ratio of 1.46 and a debt-to-equity ratio of 0.72. The business has a 50-day moving average price of $16.05 and a 200-day moving average price of $18.37.

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

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.