Moog (NYSE:MOG.B) Sees Large Volume Increase – Here’s Why

by · The Markets Daily

Moog Inc. (NYSE:MOG.B – Get Free Report) shares saw strong trading volume on Tuesday . 733 shares traded hands during mid-day trading, an increase of 447% from the previous session’s volume of 134 shares.The stock last traded at $244.03 and had previously closed at $237.05.

Moog Stock Performance

The company has a current ratio of 2.12, a quick ratio of 1.30 and a debt-to-equity ratio of 0.47. The firm’s fifty day moving average price is $217.46 and its 200-day moving average price is $202.02. The firm has a market cap of $7.92 billion, a price-to-earnings ratio of 34.38 and a beta of 0.71.

Moog (NYSE:MOG.B – Get Free Report) last released its quarterly earnings results on Friday, November 21st. The aerospace company reported $2.56 earnings per share (EPS) for the quarter. The firm had revenue of $1.05 billion for the quarter. Moog had a return on equity of 14.59% and a net margin of 6.03%.

About Moog

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Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.

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