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

Moog Inc (NYSE:MOG.B) shares gapped down prior to trading on Friday . The stock had previously closed at $181.86, but opened at $176.44. Moog shares last traded at $175.06, with a volume of 915 shares trading hands.

Moog Stock Performance

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 company has a market cap of $5.50 billion, a price-to-earnings ratio of 26.50 and a beta of 1.11. The stock’s fifty day simple moving average is $195.10 and its two-hundred day simple moving average is $198.00.

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 net margin of 5.80% and a return on equity of 14.44%.

Moog Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be 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 is Friday, February 7th. This represents a $1.16 annualized dividend and a dividend yield of 0.67%. Moog’s 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.