Astronics (OTCMKTS:ATROB) Shares Gap Down – Should You Sell?

Astronics Corp. (OTCMKTS:ATROB – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $69.00, but opened at $65.4866. Astronics shares last traded at $65.25, with a volume of 1,343 shares changing hands.

Astronics Stock Performance

The stock’s 50-day moving average price is $73.93 and its 200-day moving average price is $81.56. The company has a market cap of $2.81 billion, a P/E ratio of 38.39 and a beta of 1.21. The company has a debt-to-equity ratio of 1.57, a current ratio of 2.97 and a quick ratio of 1.63.

Astronics Company Profile

(Get Free Report)

Astronics Corporation is a specialized aerospace and defense technology company that designs and manufactures advanced systems for aircraft and other demanding applications. Its products support commercial, business, regional and military aviation programs, as well as aerospace and defense customers worldwide.

The company’s offerings include aircraft electrical power systems, power distribution and generation equipment, lighting systems, cabin electronics, connectivity and inflight entertainment solutions, as well as avionics-related products and aircraft structures.

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