Moog (NYSE:MOG.B) Stock Price Up 4.2% – Here’s What Happened

Moog Inc (NYSE:MOG.B)’s share price was up 4.2% during mid-day trading on Tuesday . The company traded as high as $176.72 and last traded at $178.45. Approximately 217 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 631 shares. The stock had previously closed at $171.18.

Moog Trading Up 1.8 %

The company has a market cap of $5.51 billion, a P/E ratio of 26.54 and a beta of 1.08. The stock’s 50 day moving average is $185.30 and its 200-day moving average is $196.35. The company has a current ratio of 2.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.61.

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

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.