Astronics (OTCMKTS:ATROB) Shares Gap Down – Time to Sell?

Shares of Astronics Corp. (OTCMKTS:ATROBGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $85.04, but opened at $80.40. Astronics shares last traded at $80.40, with a volume of 603 shares.

Astronics Price Performance

The company has a debt-to-equity ratio of 1.57, a current ratio of 2.97 and a quick ratio of 1.63. The company has a market capitalization of $3.31 billion, a PE ratio of 45.30 and a beta of 1.10. The firm has a 50-day moving average of $76.61 and a 200 day moving average of $82.34.

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.

Further Reading

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