Moog (NYSE:MOG.B) Stock Price Up 8.9% – Here’s Why

Moog Inc (NYSE:MOG.B) shot up 8.9% during mid-day trading on Thursday . The company traded as high as $174.00 and last traded at $194.14. Approximately 461 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 483 shares. The stock had previously closed at $178.27.

Moog Stock Up 5.6 %

The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.49 and a current ratio of 2.46. The company’s 50-day moving average price is $201.26 and its 200 day moving average price is $198.53. The stock has a market capitalization of $5.95 billion, a P/E ratio of 28.67 and a beta of 1.11.

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

Moog Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 0.62%. This is an increase from Moog’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, February 7th. Moog’s dividend payout ratio is presently 17.05%.

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.