Astronics (OTCMKTS:ATROB) Shares Gap Down – Here’s Why

Astronics Corp. (OTCMKTS:ATROB) gapped down before the market opened on Monday . The stock had previously closed at $77.50, but opened at $73.00. Astronics shares last traded at $73.00, with a volume of 426 shares trading hands.

Astronics Stock Performance

The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 3.07. The company has a market cap of $2.71 billion, a PE ratio of -845.52 and a beta of 0.97. The stock’s 50 day simple moving average is $67.48 and its two-hundred day simple moving average is $52.49.

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.