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

Moog Inc (NYSE:MOG.B) shares gapped down prior to trading on Friday . The stock had previously closed at $206.00, but opened at $191.02. Moog shares last traded at $191.02, with a volume of 372 shares traded.

Moog Stock Down 7.3 %

The company has a quick ratio of 1.36, a current ratio of 2.20 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $6.11 billion, a P/E ratio of 30.07 and a beta of 1.07. The firm has a fifty day simple moving average of $194.76 and a 200-day simple moving average of $179.77.

Moog (NYSE:MOG.B) last posted its quarterly earnings data on Friday, August 2nd. The aerospace company reported $1.91 earnings per share (EPS) for the quarter. Moog had a net margin of 5.72% and a return on equity of 14.51%. The company had revenue of $904.74 million for the quarter.

Moog Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Friday, August 16th were given a dividend of $0.28 per share. The ex-dividend date was Friday, August 16th. This represents a $1.12 dividend on an annualized basis and a yield of 0.59%. Moog’s dividend payout ratio (DPR) is 17.75%.

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.