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

Astronics Corp. (OTCMKTS:ATROBGet Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $66.00, but opened at $71.49. Astronics shares last traded at $71.49, with a volume of 378 shares.

Astronics Price Performance

The company has a current ratio of 2.97, a quick ratio of 1.63 and a debt-to-equity ratio of 1.57. The firm has a market cap of $2.84 billion, a P/E ratio of 38.90 and a beta of 1.15. The firm has a 50-day simple moving average of $74.28 and a 200-day simple moving average of $82.01.

Astronics Company Profile

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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.

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