Moog (NYSE:MOG.B) Shares Gap Up – Here’s Why

Moog Inc (NYSE:MOG.B) gapped up before the market opened on Tuesday . The stock had previously closed at $166.54, but opened at $172.44. Moog shares last traded at $162.41, with a volume of 268 shares traded.

Moog Stock Performance

The stock’s 50-day moving average price is $189.89 and its 200-day moving average price is $197.72. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of 24.80 and a beta of 1.11. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.49 and a current ratio of 2.46.

Moog (NYSE:MOG.B) last posted its earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share for the quarter. Moog had a return on equity of 14.44% and a net margin of 5.80%.

Moog Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from Moog’s previous quarterly dividend of $0.28. Moog’s payout ratio is currently 17.66%.

About Moog

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.