Moog (NYSE:MOG.B) Trading Up 8.9% – Here’s Why

Moog Inc (NYSE:MOG.B) traded up 8.9% on Thursday . The company traded as high as $174.00 and last traded at $194.14. 461 shares changed hands during trading, a decline of 5% from the average session volume of 483 shares. The stock had previously closed at $178.27.

Moog Stock Up 8.0 %

The company has a quick ratio of 1.49, a current ratio of 2.46 and a debt-to-equity ratio of 0.61. The company’s fifty day moving average price is $201.68 and its 200-day moving average price is $198.56. The stock has a market capitalization of $6.08 billion, a PE ratio of 29.29 and a beta of 1.11.

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

Moog Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.29 per share. The ex-dividend date is Friday, February 7th. This is a positive change from Moog’s previous quarterly dividend of $0.28. This represents a $1.16 dividend on an annualized basis and a yield of 0.60%. Moog’s payout ratio is currently 17.05%.

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.