Astronics (OTCMKTS:ATROB) Posts Earnings Results

Astronics (OTCMKTS:ATROB) posted its earnings results on Tuesday. The aerospace company reported $0.49 earnings per share for the quarter, Zacks reports. Astronics had a positive return on equity of 22.89% and a negative net margin of 0.45%.

Astronics Stock Performance

OTCMKTS:ATROB traded down $3.27 during midday trading on Tuesday, reaching $48.00. The stock had a trading volume of 240 shares, compared to its average volume of 1,081. Astronics has a 1-year low of $14.86 and a 1-year high of $51.27. The firm’s fifty day simple moving average is $43.88 and its 200-day simple moving average is $35.41. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.04 and a quick ratio of 1.63. The stock has a market capitalization of $1.70 billion, a P/E ratio of -399.97 and a beta of 1.51.

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.