Astronics (OTCMKTS:ATROB) Stock Falls 6.2% – What’s Next?

Astronics Corp. (OTCMKTS:ATROB – Get Free Report)’s stock price dropped 6.2% during mid-day trading on Tuesday. The stock traded as low as $59.30 and last traded at $59.30. Approximately 338 shares traded hands during trading, a decline of 99% from the average daily volume of 30,502 shares. The stock had previously closed at $63.20.

Astronics Price Performance

The stock has a market capitalization of $2.58 billion, a price-to-earnings ratio of 35.29 and a beta of 1.21. The company has a fifty day simple moving average of $71.34 and a 200 day simple moving average of $81.44. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.63 and a current ratio of 2.97.

Astronics Company Profile

(Get Free Report)

Astronics Corporation is an aerospace and defense technology company that designs and manufactures specialized systems and products for the global aerospace industry. Its offerings support commercial transport, military and defense, business and general aviation, and space applications.

The company’s products include aircraft electrical power generation and distribution systems, lighting and cabin-management systems, in-flight entertainment and connectivity equipment, electronic and electromechanical systems, and advanced test systems used to evaluate aerospace equipment.

Further Reading

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