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

Shares of Moog Inc. (NYSE:MOG.B) gapped down before the market opened on Wednesday . The stock had previously closed at $203.75, but opened at $195.25. Moog shares last traded at $202.19, with a volume of 126 shares traded.

Moog Stock Down 2.3%

The company has a debt-to-equity ratio of 0.56, a current ratio of 2.43 and a quick ratio of 1.49. The business’s 50 day simple moving average is $191.99 and its 200 day simple moving average is $181.52. The company has a market capitalization of $6.31 billion, a PE ratio of 30.20 and a beta of 0.92.

Moog (NYSE:MOG.B) last issued its earnings results on Friday, July 25th. The aerospace company reported $2.37 EPS for the quarter. Moog had a net margin of 5.67% and a return on equity of 14.20%. The company had revenue of $971.36 million for the quarter.

Moog Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 26th. Shareholders of record on Friday, August 8th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $1.16 dividend on an annualized basis and a yield of 0.6%. Moog’s payout ratio is 17.60%.

Moog Company Profile

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.