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

Moog Inc (NYSE:MOG.B)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $181.86, but opened at $176.44. Moog shares last traded at $175.06, with a volume of 915 shares trading hands.

Moog Stock Performance

The stock has a market capitalization of $5.50 billion, a PE ratio of 26.50 and a beta of 1.11. The stock has a fifty day moving average of $194.36 and a 200-day moving average of $198.20. The company has a quick ratio of 1.49, a current ratio of 2.46 and a debt-to-equity ratio of 0.61.

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

Moog Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.67%. This is a boost from Moog’s previous quarterly dividend of $0.28. Moog’s payout ratio is 17.66%.

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.