Astronics (OTCMKTS:ATROB) Shares Gap Down – Here’s Why

Astronics Corp. (OTCMKTS:ATROB) shares gapped down before the market opened on Tuesday . The stock had previously closed at $73.50, but opened at $70.10. Astronics shares last traded at $70.10, with a volume of 636 shares trading hands.

Astronics Stock Performance

The stock has a fifty day simple moving average of $74.57 and a two-hundred day simple moving average of $82.23. The stock has a market cap of $2.83 billion, a price-to-earnings ratio of 38.74 and a beta of 1.15. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.63 and a current ratio of 2.97.

Astronics Company Profile

Astronics Corporation is an aerospace and defense technology company that develops and manufactures advanced systems and components for commercial aircraft, business aviation, military platforms, space applications and other specialized markets. The company serves original equipment manufacturers, airlines, airframers and government customers.

Its products include aircraft lighting systems, cabin electronics, in-seat power and connectivity solutions, electrical power and distribution equipment, avionics and flight-control systems, and specialized aircraft structures.