Astronics (OTCMKTS:ATROB) Reaches New 1-Year High – Should You Buy?

Shares of Astronics Corp. (OTCMKTS:ATROB) reached a new 52-week high during trading on Friday . The stock traded as high as $51.61 and last traded at $51.61, with a volume of 100 shares. The stock had previously closed at $47.00.

Astronics Stock Up 6.9%

The company has a market cap of $1.83 billion, a P/E ratio of -430.05 and a beta of 1.47. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.63 and a current ratio of 3.04. The business’s fifty day moving average is $45.57 and its two-hundred day moving average is $36.72.

Astronics (OTCMKTS:ATROB) last issued its earnings results on Tuesday, November 4th. The aerospace company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. The business had revenue of $211.45 million for the quarter, compared to the consensus estimate of $212.08 million. Astronics had a negative net margin of 0.45% and a positive return on equity of 22.89%.

About Astronics

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.