Moog (NYSE:MOG.B) Sees Large Volume Increase – Here’s What Happened

Moog Inc (NYSE:MOG.B) shares saw strong trading volume on Monday . 514 shares were traded during mid-day trading, a decline of 19% from the previous session’s volume of 634 shares.The stock last traded at $168.37 and had previously closed at $180.35.

Moog Price Performance

The company’s 50-day moving average is $179.38 and its 200-day moving average is $195.26. The firm has a market cap of $5.55 billion, a price-to-earnings ratio of 26.75 and a beta of 1.08. 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 released its quarterly earnings data on Friday, January 24th. The aerospace company reported $1.78 earnings per share 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 was paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date was Friday, February 7th. This is a boost from Moog’s previous quarterly dividend of $0.28. Moog’s dividend payout ratio 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.