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

Moog Inc. (NYSE:MOG.BGet Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $378.45, but opened at $365.95. Moog shares last traded at $369.44, with a volume of 133 shares.

Moog Stock Performance

The business’s fifty day moving average is $403.48 and its two-hundred day moving average is $362.26. The company has a quick ratio of 1.34, a current ratio of 2.09 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $11.83 billion, a PE ratio of 31.76 and a beta of 0.74.

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

Moog Company Profile

(Get Free Report)

Moog Inc is a global designer and manufacturer of precision motion-control systems and components. The company develops technologies that control the position, speed and movement of machines and vehicles, serving customers in the aerospace, defense, space, industrial and medical markets.

Its products include flight-control actuation systems, servo valves, propulsion and spacecraft controls, missile and launch-vehicle systems, naval and defense equipment, industrial automation solutions, and controls for energy-generation and medical applications.

Further Reading

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