Moog (NYSE:MOG.B) Shares Gap Down – What’s Next?

Moog Inc (NYSE:MOG.B)’s share price gapped down before the market opened on Friday . The stock had previously closed at $191.00, but opened at $186.48. Moog shares last traded at $185.34, with a volume of 931 shares traded.

Moog Price Performance

The company has a 50-day moving average of $198.21 and a 200-day moving average of $198.36. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.49 and a current ratio of 2.46. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of 28.43 and a beta of 1.11.

Moog (NYSE:MOG.B) last issued its quarterly 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, February 7th. This is a boost from Moog’s previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a dividend yield of 0.62%. Moog’s payout ratio is currently 17.05%.

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.