Moog (NYSE:MOG.B) Stock Price Down 10.6% – Here’s What Happened

Moog Inc (NYSE:MOG.B) traded down 10.6% during trading on Friday . The company traded as low as $213.10 and last traded at $190.97. 633 shares changed hands during mid-day trading, an increase of 26% from the average session volume of 502 shares. The stock had previously closed at $213.68.

Moog Trading Down 8.6 %

The stock has a market capitalization of $6.25 billion, a PE ratio of 30.47 and a beta of 1.12. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 1.28. The company’s 50 day moving average price is $207.46 and its two-hundred day moving average price is $198.13.

Moog (NYSE:MOG.B) last issued its earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share for the quarter. Moog had a return on equity of 14.18% and a net margin of 5.74%.

Moog Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, November 21st were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend was Thursday, November 21st. Moog’s payout ratio is presently 17.47%.

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.