Astronics (OTCMKTS:ATROB) Shares Down 4.7% – Here’s Why
by Amy Steele · The Cerbat GemAstronics Corp. (OTCMKTS:ATROB – Get Free Report)’s share price fell 4.7% on Wednesday . The company traded as low as $66.23 and last traded at $66.7825. 358 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 34,904 shares. The stock had previously closed at $70.10.
Astronics Stock Performance
The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 39.28 and a beta of 1.15. The stock’s 50 day moving average price is $74.50 and its 200 day moving average price is $82.16. The company has a current ratio of 2.97, a quick ratio of 1.63 and a debt-to-equity ratio of 1.57.
Astronics Company Profile
Astronics Corporation is an aerospace and defense technology company that develops and manufactures advanced systems and components for commercial aircraft, business aviation, military platforms, space applications and other specialized markets. The company serves original equipment manufacturers, airlines, airframers and government customers.
Its products include aircraft lighting systems, cabin electronics, in-seat power and connectivity solutions, electrical power and distribution equipment, avionics and flight-control systems, and specialized aircraft structures.