Astronics (OTCMKTS:ATROB) Shares Down 14.7% – Here’s What Happened

Shares of Astronics Co. (OTCMKTS:ATROBGet Free Report) dropped 14.7% during trading on Thursday . The company traded as low as $17.15 and last traded at $17.15. Approximately 966 shares were traded during mid-day trading, an increase of 235% from the average daily volume of 288 shares. The stock had previously closed at $20.10.

Astronics Price Performance

The firm has a market cap of $597.51 million, a P/E ratio of -47.64 and a beta of 1.87. The business has a fifty day moving average of $19.13 and a 200 day moving average of $19.46. The company has a quick ratio of 1.50, a current ratio of 2.92 and a debt-to-equity ratio of 0.67.

Astronics Company Profile

(Get Free Report)

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.

Further Reading

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