Moog (NYSE:MOG.B) Shares Gap Up – Here’s What Happened

Moog Inc (NYSE:MOG.B)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $153.27, but opened at $165.33. Moog shares last traded at $165.06, with a volume of 595 shares trading hands.

Moog Trading Down 3.9 %

The company has a market capitalization of $5.07 billion, a PE ratio of 24.42 and a beta of 0.84. The company has a 50 day simple moving average of $172.08 and a 200 day simple moving average of $192.08. 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 EPS for the quarter. Moog had a net margin of 5.80% and a return on equity of 14.44%.

Moog Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th were issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from Moog’s previous quarterly dividend of $0.28. Moog’s payout ratio is currently 17.66%.

About Moog

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.