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

Moog Inc (NYSE:MOG.B)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $162.30, but opened at $152.20. Moog shares last traded at $159.89, with a volume of 680 shares traded.

Moog Price Performance

The firm has a market capitalization of $5.02 billion, a PE ratio of 24.18 and a beta of 0.84. The stock’s 50 day simple moving average is $174.53 and its two-hundred day simple moving average is $193.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.49 and a current ratio of 2.46.

Moog (NYSE:MOG.B) last issued 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 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 is a boost from Moog’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.16 annualized dividend and a yield of 0.73%. Moog’s dividend payout ratio (DPR) 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.