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

Moog Inc (NYSE:MOG.B) shares gapped down before the market opened on Tuesday . The stock had previously closed at $197.56, but opened at $178.27. Moog shares last traded at $178.65, with a volume of 363 shares changing hands.

Moog Stock Up 3.3 %

The stock has a fifty day moving average of $205.56 and a 200 day moving average of $198.72. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 1.28. The firm has a market capitalization of $5.89 billion, a P/E ratio of 28.73 and a beta of 1.12.

Moog (NYSE:MOG.B) last posted its quarterly earnings data on Friday, January 24th. The aerospace company reported $1.78 earnings per share (EPS) for the quarter. Moog had a net margin of 5.74% and a return on equity of 14.18%.

Moog Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be paid a $0.29 dividend. This is a boost from Moog’s previous quarterly dividend of $0.28. This represents a $1.16 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date is Friday, February 7th. Moog’s payout ratio is currently 17.47%.

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.