Moog (NYSE:MOG.B) Shares Cross Below 200 Day Moving Average – Should You Sell?

by · The Cerbat Gem

Moog Inc. (NYSE:MOG.B – Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $373.76 and traded as low as $366.03. Moog shares last traded at $369.1440, with a volume of 113 shares changing hands.

Analysts Set New Price Targets

Separately, Guggenheim upgraded Moog to a “hold” rating in a research note on Monday, September 14th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, Moog has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on Moog

Moog Price Performance

The stock has a market cap of $10.75 billion, a price-to-earnings ratio of 28.87 and a beta of 0.75. The company has a 50-day moving average of $381.61 and a 200-day moving average of $374.17. 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 earnings per share for the quarter. Moog had a return on equity of 17.67% and a net margin of 8.73%. The company had revenue of $1.12 billion during the quarter.

About Moog

(Get Free Report)

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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