Astronics (OTCMKTS:ATROB) Sets New 1-Year High – Still a Buy?

Astronics Co. (OTCMKTS:ATROB)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $31.60 and last traded at $31.60, with a volume of 1426 shares trading hands. The stock had previously closed at $30.00.

Astronics Stock Up 5.3%

The company has a current ratio of 2.83, a quick ratio of 1.46 and a debt-to-equity ratio of 0.72. The stock’s 50-day moving average is $24.69 and its 200-day moving average is $20.16. The company has a market cap of $1.12 billion, a price-to-earnings ratio of -166.31 and a beta of 1.27.

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

Astronics Company Profile

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.