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

Moog Inc (NYSE:MOG.B) gapped up prior to trading on Thursday . The stock had previously closed at $167.92, but opened at $172.17. Moog shares last traded at $176.65, with a volume of 130 shares trading hands.

Moog Trading Up 3.2 %

The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 26.37 and a beta of 1.08. The business’s 50 day simple moving average is $186.77 and its 200 day simple moving average is $196.79. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.46 and a quick ratio of 1.49.

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

Moog Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th were paid a dividend of $0.29 per share. This is an increase from Moog’s previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend was Friday, February 7th. Moog’s 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.