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

Moog Inc. (NYSE:MOG.B)’s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $384.50, but opened at $373.21. Moog shares last traded at $375.89, with a volume of 160 shares traded.

Analyst Upgrades and Downgrades

Separately, Guggenheim upgraded shares of Moog to a “hold” rating in a report on Monday, September 14th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Moog currently has an average rating of “Hold”.

Moog Stock Down 0.6%

The firm has a market capitalization of $12.10 billion, a price-to-earnings ratio of 32.49 and a beta of 0.75. The firm has a fifty day moving average price of $393.45 and a 200 day moving average price of $367.72. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.34 and a current ratio of 2.09.

Moog (NYSE:MOG.B) last posted its quarterly earnings results on Friday, July 31st. The aerospace company reported $3.72 earnings per share (EPS) for the quarter. The company had revenue of $1.12 billion during the quarter. Moog had a net margin of 8.73% and a return on equity of 17.67%.

Moog Company Profile

Moog Inc is a global designer and manufacturer of precision motion-control and fluid-control systems. The company develops products that manage the movement, positioning and flow of critical equipment in demanding applications, combining technologies such as electromechanical, hydraulic and avionics systems.

Moog serves the aerospace, defense and industrial markets. Its products and services support commercial and military aircraft, missiles, spacecraft, launch vehicles, naval systems and other defense platforms.