Astronics (OTCMKTS:ATROB) Shares Cross Below Two Hundred Day Moving Average – Should You Sell?

Astronics Co. (OTCMKTS:ATROB) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.48 and traded as low as $16.35. Astronics shares last traded at $16.35, with a volume of 309 shares changing hands.

Astronics Trading Up 2.8 %

The company has a debt-to-equity ratio of 0.72, a current ratio of 2.83 and a quick ratio of 1.46. The stock has a market cap of $576.53 million, a price-to-earnings ratio of -86.05 and a beta of 1.82. The company’s fifty day moving average price is $15.99 and its 200-day moving average price is $18.48.

Astronics (OTCMKTS:ATROB) last posted its quarterly earnings data on Wednesday, November 6th. The aerospace company reported $0.35 earnings per share (EPS) for the quarter. Astronics had a negative net margin of 0.82% and a positive return on equity of 6.94%. The firm had revenue of $203.70 million for the quarter.

Astronics Company Profile

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products.