Astronics (OTCMKTS:ATROB) Reaches New 12-Month High – What’s Next?

Astronics Corp. (OTCMKTS:ATROB) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $85.00 and last traded at $85.00, with a volume of 600 shares traded. The stock had previously closed at $80.00.

Astronics Stock Performance

The company has a debt-to-equity ratio of 2.07, a current ratio of 2.97 and a quick ratio of 1.63. The business has a 50-day simple moving average of $72.25 and a 200 day simple moving average of $67.12. The firm has a market cap of $3.06 billion, a PE ratio of 72.33 and a beta of 1.04.

Astronics (OTCMKTS:ATROB) last issued its quarterly earnings results on Tuesday, May 12th. The aerospace company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.03. Astronics had a return on equity of 49.34% and a net margin of 5.12%.The business had revenue of $230.62 million during the quarter, compared to analysts’ expectations of $225.52 million.

Astronics Company Profile

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.