Astronics (OTCMKTS:ATROB) Hits New 1-Year High – Should You Buy?

Astronics Corp. (OTCMKTS:ATROB)’s stock price hit a new 52-week high on Monday . The stock traded as high as $76.35 and last traded at $76.35, with a volume of 1232 shares traded. The stock had previously closed at $74.00.

Astronics Stock Up 3.2%

The firm’s 50 day moving average price is $57.93 and its 200-day moving average price is $46.61. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 3.07. The company has a market cap of $2.76 billion, a P/E ratio of -861.02 and a beta of 0.97.

Astronics (OTCMKTS:ATROB) last announced its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. Astronics had a negative net margin of 0.37% and a positive return on equity of 29.65%. The business had revenue of $211.45 million for the quarter, compared to analyst estimates of $212.08 million.

Astronics Company Profile

Astronics Corporation is a global provider of advanced technology solutions to the aerospace, defense and other high-reliability industries. Headquartered in East Aurora, New York, the company was founded in 1968 and has grown through both organic innovation and targeted acquisitions. Astronics delivers mission-critical products that enhance aircraft safety, passenger comfort and operational efficiency for major airframers, airlines and defense contractors worldwide.

The company’s product portfolio spans several key areas, including electrical power generation and management systems, LED cabin lighting and safety systems, connectivity and data solutions, and automated test equipment.