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

Astronics Corp. (OTCMKTS:ATROBGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $66.00, but opened at $71.49. Astronics shares last traded at $71.49, with a volume of 378 shares trading hands.

Astronics Stock Up 1.8%

The company’s fifty day simple moving average is $74.28 and its 200-day simple moving average is $82.01. The company has a debt-to-equity ratio of 1.57, a current ratio of 2.97 and a quick ratio of 1.63. The firm has a market capitalization of $2.84 billion, a PE ratio of 38.90 and a beta of 1.15.

Astronics Company Profile

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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.

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