Moog (NYSE:MOG.B) Shares Gap Down – What’s Next?
by Danessa Lincoln · The Markets DailyMoog Inc. (NYSE:MOG.B – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $366.03, but opened at $327.76. Moog shares last traded at $349.28, with a volume of 121 shares changing hands.
Wall Street Analyst Weigh In
Separately, Guggenheim raised Moog to a “hold” rating in a research note on Monday, September 14th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company presently has an average rating of “Hold”.
Check Out Our Latest Stock Report on Moog
Moog Price Performance
The stock has a 50 day moving average of $379.51 and a two-hundred day moving average of $374.45. The stock has a market cap of $11.42 billion, a PE ratio of 30.66 and a beta of 0.75. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.34 and a current ratio of 2.09.
Moog (NYSE:MOG.B – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The aerospace company reported $3.72 EPS for the quarter. Moog had a net margin of 8.73% and a return on equity of 17.67%. The company had revenue of $1.12 billion during the quarter.
About Moog
Moog Inc is a technology and manufacturing company that designs and produces precision motion-control systems and related components. Its products manage the movement, position, and flow of machinery and equipment in demanding applications where accuracy and reliability are important.
The company serves the aerospace and defense, space, industrial, and medical markets. Its offerings include flight-control systems, actuation systems, aircraft and spacecraft components, precision controls, industrial motion systems, and medical devices and equipment.
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