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

Astronics Corp. (OTCMKTS:ATROB)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $97.00, but opened at $91.15. Astronics shares last traded at $73.00, with a volume of 3,133 shares trading hands.

Astronics Trading Down 1.9%

The firm has a market cap of $2.84 billion, a PE ratio of 67.20 and a beta of 1.09. The company’s fifty day moving average price is $97.26 and its two-hundred day moving average price is $76.98. The company has a quick ratio of 1.63, a current ratio of 2.97 and a debt-to-equity ratio of 2.07.

Astronics (OTCMKTS:ATROB) last released its quarterly earnings data on Tuesday, May 12th. The aerospace company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.03. The firm had revenue of $230.62 million for the quarter, compared to the consensus estimate of $225.52 million. Astronics had a net margin of 5.12% and a return on equity of 49.34%.

About Astronics

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.