Moog (NYSE:MOG.B) Shares Gap Down – Here’s What Happened

Moog Inc (NYSE:MOG.B) shares gapped down before the market opened on Tuesday . The stock had previously closed at $162.30, but opened at $152.20. Moog shares last traded at $159.89, with a volume of 680 shares traded.

Moog Price Performance

The company has a debt-to-equity ratio of 0.61, a current ratio of 2.46 and a quick ratio of 1.49. The firm has a market capitalization of $5.02 billion, a price-to-earnings ratio of 24.18 and a beta of 0.84. The stock has a 50 day moving average price of $174.53 and a two-hundred day moving average price of $193.33.

Moog (NYSE:MOG.B) last released 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, February 25th. Investors of record on Friday, February 7th were paid a dividend of $0.29 per share. This is an increase from Moog’s previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend was Friday, February 7th. Moog’s dividend payout ratio is presently 17.66%.

Moog Company Profile

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.