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

Shares of Moog Inc (NYSE:MOG.B) gapped up before the market opened on Tuesday . The stock had previously closed at $177.80, but opened at $181.74. Moog shares last traded at $181.56, with a volume of 117 shares trading hands.

Moog Stock Performance

The firm has a market capitalization of $5.70 billion, a P/E ratio of 27.45 and a beta of 1.08. The company has a 50-day moving average of $183.01 and a 200-day moving average of $195.75. The company has a current ratio of 2.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.61.

Moog (NYSE:MOG.B) last issued its quarterly earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share (EPS) for the quarter. Moog had a return on equity of 14.44% and a net margin of 5.80%.

Moog Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th were issued a dividend of $0.29 per share. This is an increase from Moog’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 7th. This represents a $1.16 annualized dividend and a dividend yield of 0.64%. Moog’s payout ratio is currently 17.66%.

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.