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

Moog Inc (NYSE:MOG.B) shares gapped down before the market opened on Wednesday . The stock had previously closed at $215.91, but opened at $210.74. Moog shares last traded at $210.74, with a volume of 111 shares trading hands.

Moog Stock Performance

The company has a quick ratio of 1.28, a current ratio of 2.14 and a debt-to-equity ratio of 0.47. The business has a 50-day moving average of $207.41 and a 200-day moving average of $191.60. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 32.88 and a beta of 1.09.

Moog Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 21st were paid a $0.28 dividend. The ex-dividend date was Thursday, November 21st. This represents a $1.12 annualized dividend and a dividend yield of 0.53%. Moog’s payout ratio is 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.