Moog (NYSE:MOG.B) Trading Down 4.5% – Here’s What Happened

Moog Inc (NYSE:MOG.B)’s stock price traded down 4.5% during mid-day trading on Tuesday . The stock traded as low as $170.15 and last traded at $172.24. 514 shares were traded during trading, a decline of 19% from the average session volume of 634 shares. The stock had previously closed at $180.35.

Moog Stock Performance

The business has a 50-day simple moving average of $180.13 and a 200 day simple moving average of $195.33. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.46 and a quick ratio of 1.49. The firm has a market cap of $5.51 billion, a PE ratio of 26.54 and a beta of 1.08.

Moog (NYSE:MOG.B) last released its earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share (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 announced a quarterly dividend, which was paid on Tuesday, February 25th. Investors of record on Friday, February 7th were issued a $0.29 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.16 annualized dividend and a yield of 0.67%. This is an increase from Moog’s previous quarterly dividend of $0.28. Moog’s dividend payout ratio is currently 17.66%.

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.