Investment analysts at StockNews.com assumed coverage on shares of Astronics (NASDAQ:ATRO – Get Rating) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the aerospace company’s stock.
A number of other equities analysts also recently issued reports on the company. Truist Financial increased their target price on Astronics from $7.00 to $8.00 in a research note on Monday, January 9th. TheStreet raised Astronics from a “d” rating to a “c-” rating in a research note on Thursday, March 2nd.
Astronics Stock Performance
Shares of ATRO stock opened at $12.40 on Thursday. The company has a market cap of $396.68 million, a price-to-earnings ratio of -11.17 and a beta of 1.58. The stock has a 50 day simple moving average of $13.70 and a 200-day simple moving average of $10.56. Astronics has a 12-month low of $7.46 and a 12-month high of $15.98. The company has a current ratio of 2.41, a quick ratio of 1.18 and a debt-to-equity ratio of 0.66.
Hedge Funds Weigh In On Astronics
Astronics Company Profile
Astronics Corp. engages in the provision of electrical power generation and distribution systems. It includes motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification, and automated test systems. It operates through the Aerospace and Test Systems segments.
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