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

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 changing hands.

Moog Trading Down 7.3 %

The firm has a 50-day moving average of $194.76 and a two-hundred day moving average of $179.77. The firm has a market capitalization of $6.11 billion, a P/E ratio of 30.07 and a beta of 1.07. The company has a current ratio of 2.20, a quick ratio of 1.36 and a debt-to-equity ratio of 0.53.

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

Moog Dividend Announcement

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