Moog (NYSE:MOG.B) Sees Large Volume Increase – Should You Buy?

Shares of Moog Inc (NYSE:MOG.B) saw strong trading volume on Thursday . 553 shares changed hands during trading, a decline of 13% from the previous session’s volume of 636 shares.The stock last traded at $176.59 and had previously closed at $176.71.

Moog Price Performance

The firm has a 50-day moving average of $184.38 and a 200-day moving average of $196.08. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.49 and a current ratio of 2.46. The firm has a market capitalization of $5.56 billion, a P/E ratio of 26.77 and a beta of 1.08.

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 business also recently declared a quarterly dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Friday, February 7th. This is an increase from Moog’s previous quarterly dividend of $0.28. Moog’s dividend payout ratio (DPR) is presently 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.