Moog (NYSE:MOG.B) Shares Gap Down – Should You Sell?

Moog Inc. (NYSE:MOG.B) shares gapped down prior to trading 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.

Analysts Set New Price Targets

Separately, Guggenheim raised Moog to a “hold” rating in a report on Monday, September 14th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, Moog has a consensus rating of “Hold”.

Moog Stock Up 0.8%

The business’s 50-day moving average price is $377.29 and its 200-day moving average price is $355.63. The firm has a market capitalization of $11.32 billion, a PE ratio of 30.40 and a beta of 0.75.

Moog (NYSE:MOG.B) last announced its quarterly earnings data on Friday, July 31st. The aerospace company reported $3.72 EPS for the quarter. The company had revenue of $1.12 billion for 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.