Moog (NYSE:MOG.B) Shares Gap Down – Here’s Why

Moog Inc (NYSE:MOG.B) shares gapped down prior to trading on Friday . The stock had previously closed at $180.35, but opened at $170.15. Moog shares last traded at $170.15, with a volume of 200 shares.

Moog Stock Performance

The firm has a 50-day moving average of $181.55 and a two-hundred day moving average of $195.45. The company has a market capitalization of $5.41 billion, a PE ratio of 26.06 and a beta of 1.08. The company has a quick ratio of 1.49, a current ratio of 2.46 and a debt-to-equity ratio of 0.61.

Moog (NYSE:MOG.B) last announced its quarterly earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share for the quarter. Moog had a return on equity of 14.44% and a net margin of 5.80%.

Moog Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th were paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 0.68%. The ex-dividend date was Friday, February 7th. This is a boost from Moog’s previous quarterly dividend of $0.28. Moog’s payout ratio is 17.66%.

Moog Company Profile

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.