Astronics (OTCMKTS:ATROB) Shares Gap Up – Should You Buy?

Astronics Corp. (OTCMKTS:ATROBGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $72.00, but opened at $76.99. Astronics shares last traded at $76.99, with a volume of 205 shares changing hands.

Astronics Price Performance

The company has a fifty day simple moving average of $65.08 and a 200 day simple moving average of $50.95. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of -855.35 and a beta of 0.97. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.56 and a current ratio of 2.87.

Astronics Company Profile

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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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