Astronics (OTCMKTS:ATROB) Shares Up 7.1% – Here’s Why

Astronics Corp. (OTCMKTS:ATROBGet Free Report) shares shot up 7.1% on Tuesday . The company traded as high as $69.75 and last traded at $69.64. 607 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 34,039 shares. The stock had previously closed at $65.02.

Astronics Trading Down 1.3%

The company has a quick ratio of 1.63, a current ratio of 2.97 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $2.94 billion, a P/E ratio of 40.15 and a beta of 1.15. The firm’s 50-day simple moving average is $74.08 and its 200-day simple moving average is $81.84.

About Astronics

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Astronics Corporation is an aerospace and defense technology company that develops and manufactures advanced systems and components for commercial aircraft, business aviation, military platforms, space applications and other specialized markets. The company serves original equipment manufacturers, airlines, airframers and government customers.

Its products include aircraft lighting systems, cabin electronics, in-seat power and connectivity solutions, electrical power and distribution equipment, avionics and flight-control systems, and specialized aircraft structures.

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