Moog (NYSE:MOG.B) Shares Down 4.5% – Here’s Why

Moog Inc (NYSE:MOG.B) fell 4.5% on Tuesday . The company traded as low as $170.15 and last traded at $172.24. 514 shares traded hands during trading, a decline of 19% from the average session volume of 634 shares. The stock had previously closed at $180.35.

Moog Stock Down 2.6 %

The company has a current ratio of 2.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.61. The firm has a market cap of $5.55 billion, a PE ratio of 26.75 and a beta of 1.08. The business’s 50-day simple moving average is $178.69 and its 200 day simple moving average is $195.12.

Moog (NYSE:MOG.B) last posted its earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share (EPS) 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 declared a quarterly dividend, which was paid on Tuesday, February 25th. Investors of record on Friday, February 7th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 0.66%. The ex-dividend date was Friday, February 7th. This is an increase from Moog’s previous quarterly dividend of $0.28. Moog’s dividend 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.