Astronics (OTCMKTS:ATROB) Hits New 1-Year High – Here’s What Happened

Astronics Corp. (OTCMKTS:ATROB)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $52.00 and last traded at $52.00, with a volume of 600 shares traded. The stock had previously closed at $51.00.

Astronics Stock Performance

The stock has a market cap of $1.85 billion, a P/E ratio of -433.30 and a beta of 1.47. The firm’s 50-day moving average is $47.09 and its two-hundred day moving average is $38.40. The company has a quick ratio of 1.63, a current ratio of 3.04 and a debt-to-equity ratio of 0.59.

Astronics (OTCMKTS:ATROB) last posted its earnings results on Tuesday, November 4th. The aerospace company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.42 by $0.07. The company had revenue of $211.45 million during 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%.

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.