Astronics (OTCMKTS:ATROB) Shares Gap Down – Should You Sell?

Astronics Corp. (OTCMKTS:ATROB)’s share price gapped down prior to trading on Friday. The stock had previously closed at $60.00, but opened at $50.00. Astronics shares last traded at $54.5801, with a volume of 2,058 shares.

Astronics Price Performance

The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.63 and a current ratio of 2.97. The stock has a 50-day simple moving average of $70.65 and a 200 day simple moving average of $81.41. The company has a market cap of $2.49 billion, a P/E ratio of 34.02 and a beta of 1.21.

Astronics Company Profile

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.