Astronics Corp. (OTCMKTS:ATROB) Short Interest Update

Astronics Corp. (OTCMKTS:ATROB) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 1,990 shares, a decline of 13.7% from the February 26th total of 2,307 shares. Based on an average trading volume of 1,139 shares, the short-interest ratio is presently 1.7 days. Approximately 0.0% of the shares of the company are sold short.

Astronics Price Performance

ATROB stock opened at $61.90 on Thursday. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 80.39 and a beta of 1.03. The company has a debt-to-equity ratio of 2.39, a quick ratio of 1.71 and a current ratio of 3.10. The business’s 50-day moving average is $72.64 and its two-hundred day moving average is $59.20. Astronics has a fifty-two week low of $19.53 and a fifty-two week high of $83.00.

Astronics (OTCMKTS:ATROB) last released its quarterly earnings results on Tuesday, February 24th. The aerospace company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.15. Astronics had a return on equity of 39.95% and a net margin of 3.41%.The business had revenue of $240.07 million during the quarter, compared to the consensus estimate of $237.11 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.