Astronics (OTCMKTS:ATROB) Trading Down 5.9% – Here’s What Happened

Astronics Corp. (OTCMKTS:ATROBGet Free Report)’s share price fell 5.9% during trading on Tuesday . The stock traded as low as $72.00 and last traded at $72.43. Approximately 1,305 shares were traded during trading, a decline of 97% from the average session volume of 37,591 shares. The stock had previously closed at $76.98.

Astronics Stock Performance

The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 42.76 and a beta of 1.10. The company has a 50 day simple moving average of $75.43 and a 200-day simple moving average of $82.30. The company has a quick ratio of 1.63, a current ratio of 2.97 and a debt-to-equity ratio of 1.57.

Astronics Company Profile

(Get Free Report)

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.

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