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

Shares of Moog Inc (NYSE:MOG.B) gapped up prior to trading on Friday . The stock had previously closed at $177.98, but opened at $192.26. Moog shares last traded at $191.19, with a volume of 113 shares traded.

Moog Stock Performance

The company has a 50-day moving average of $201.26 and a 200 day moving average of $198.53. The firm has a market capitalization of $5.94 billion, a PE ratio of 28.60 and a beta of 1.11. The company has a quick ratio of 1.49, a current ratio of 2.46 and a debt-to-equity ratio of 0.61.

Moog (NYSE:MOG.B) last released its quarterly earnings results on Friday, January 24th. The aerospace company reported $1.78 EPS for the quarter. Moog had a net margin of 5.80% and a return on equity of 14.44%.

Moog Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, February 7th. This is a positive change from Moog’s previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a dividend yield of 0.62%. Moog’s dividend payout ratio is 17.05%.

About Moog

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.