Moog (NYSE:MOG.B) Shares Gap Down – Here’s Why

Moog Inc (NYSE:MOG.B)’s share price gapped down before the market opened on Friday . The stock had previously closed at $191.00, but opened at $186.48. Moog shares last traded at $185.34, with a volume of 931 shares changing hands.

Moog Stock Performance

The firm has a market cap of $5.75 billion, a PE ratio of 27.73 and a beta of 1.11. The firm’s 50 day simple moving average is $197.58 and its 200 day simple moving average is $198.27. The company has a current ratio of 2.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.61.

Moog (NYSE:MOG.B) last posted its earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share for the quarter. Moog had a net margin of 5.80% and a return on equity of 14.44%.

Moog Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 0.64%. The ex-dividend date is Friday, February 7th. This is a positive change from Moog’s previous quarterly dividend of $0.28. Moog’s dividend payout ratio is presently 17.05%.

Moog Company Profile

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.