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

Moog Inc (NYSE:MOG.B)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $181.86, but opened at $176.44. Moog shares last traded at $175.06, with a volume of 915 shares changing hands.

Moog Stock Performance

The company has a debt-to-equity ratio of 0.61, a current ratio of 2.46 and a quick ratio of 1.49. The stock has a market cap of $5.50 billion, a price-to-earnings ratio of 26.50 and a beta of 1.11. The stock’s 50-day moving average is $195.10 and its 200 day moving average is $198.00.

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 net margin of 5.80% and a return on equity of 14.44%.

Moog Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.67%. This is a boost from Moog’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, February 7th. Moog’s dividend payout ratio (DPR) is 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.