Moog (NYSE:MOG.B) Shares Gap Down – Time to Sell?

Moog Inc. (NYSE:MOG.B)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $384.50, but opened at $373.21. Moog shares last traded at $375.89, with a volume of 160 shares changing hands.

Analysts Set New Price Targets

Separately, Guggenheim raised Moog to a “hold” rating in a research report on Monday, September 14th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Moog Stock Performance

The company has a debt-to-equity ratio of 0.41, a current ratio of 2.09 and a quick ratio of 1.34. The firm has a market capitalization of $11.34 billion, a PE ratio of 30.46 and a beta of 0.75. The company’s fifty day simple moving average is $391.78 and its 200 day simple moving average is $368.52.

Moog (NYSE:MOG.B) last posted its earnings results on Friday, July 31st. The aerospace company reported $3.72 earnings per share for the quarter. Moog had a net margin of 8.73% and a return on equity of 17.67%. The firm had revenue of $1.12 billion during the quarter.

About Moog

Moog Inc is a global designer and manufacturer of precision motion-control and fluid-control systems. The company develops products that manage the movement, positioning and flow of critical equipment in demanding applications, combining technologies such as electromechanical, hydraulic and avionics systems.

Moog serves the aerospace, defense and industrial markets. Its products and services support commercial and military aircraft, missiles, spacecraft, launch vehicles, naval systems and other defense platforms.