Astronics (OTCMKTS:ATROB) Hits New 1-Year High – Time to Buy?

Shares of Astronics Co. (OTCMKTS:ATROBGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $28.50 and last traded at $28.50, with a volume of 2211 shares traded. The stock had previously closed at $27.63.

Astronics Price Performance

The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.46 and a current ratio of 2.83. The business has a 50 day moving average price of $23.67 and a 200-day moving average price of $19.29. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of -149.99 and a beta of 1.27.

Astronics (OTCMKTS:ATROBGet Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $0.44 earnings per share for the quarter. Astronics had a positive return on equity of 6.94% and a negative net margin of 0.82%.

About Astronics

(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

Receive News & Ratings for Astronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astronics and related companies with MarketBeat.com's FREE daily email newsletter.