Astronics (OTCMKTS:ATROB) Hits New 12-Month High – Time to Buy?
by Mitch Edgeman · The Markets DailyAstronics Corp. (OTCMKTS:ATROB – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $93.00 and last traded at $88.04, with a volume of 24494 shares changing hands. The stock had previously closed at $87.60.
Astronics Trading Up 0.6%
The company has a market capitalization of $3.99 billion, a PE ratio of 54.56 and a beta of 1.10. The company’s fifty day moving average is $83.28 and its 200-day moving average is $82.15. 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 (OTCMKTS:ATROB – Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The aerospace company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.03. The company had revenue of $230.62 million during the quarter, compared to the consensus estimate of $225.52 million. Astronics had a net margin of 8.40% and a return on equity of 67.69%.
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.