Moog (NYSE:MOG.B) Shares Down 4.5% – Should You Sell?

Moog Inc (NYSE:MOG.B)’s share price dropped 4.5% on Tuesday . The company traded as low as $170.15 and last traded at $172.24. Approximately 514 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 634 shares. The stock had previously closed at $180.35.

Moog Trading Down 2.6 %

The company has a fifty day moving average of $178.69 and a 200-day moving average of $195.12. The company has a current ratio of 2.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $5.55 billion, a price-to-earnings ratio of 26.75 and a beta of 1.08.

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

Moog Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th were issued a dividend of $0.29 per share. This is a positive change from Moog’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, February 7th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.66%. Moog’s dividend payout ratio is presently 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.