Astronics Corporation (NASDAQ:ATRO) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 10, 2016
Zacks Investment Research has downgraded Astronics Corporation (NASDAQ:ATRO) to Strong Sell in a report released on Monday October 10, 2016.
On 09/26/2016, Canaccord Genuity released a statement about Astronics Corporation (NASDAQ:ATRO) upped the target price from $48.00 to $50.00 that suggested an upside of 0.14%.
Boasting a price of $36.55, Astronics Corporation (NASDAQ:ATRO) traded -0.74% lower on the day. The last closing price is down -5.91% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. ATRO has recorded a 50-day average of $43.32 and a two hundred day average of $38.63. 143,067 shares of the stock traded hands, up from an average trading volume of 104,195
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Astronics Corporation has a 52 week low of $24.75 and a one year high of $48.00 with a price-earnings ratio of 16.93 The company’s market cap is currently $0.
Also covering Astronics Corporation's target price, a total of 5 brokers have issued a research note on the company. The average stock price target is $43.20 with two analysts rating the company a strong buy, three analysts rating the company a buy, zero brokerages rating the stock a hold, 0 brokerages rating the company a underperform, and lastly 0 brokers rating the stock a sell.
General Information About Astronics Corporation (NASDAQ:ATRO)
Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company's products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems. The Company operates through two segments: Aerospace and Test Systems. The Company's Aerospace segment designs and manufactures products for the global aerospace industry. Its product lines include lighting and safety systems, electrical power generation, distribution and motions systems, aircraft structures, avionics products, systems certification and other products. The Company's Test Systems segment designs, develops, manufactures and maintains automated test systems that support the semiconductor, aerospace, communications and weapons test systems, as well as training and simulation devices for both commercial and military applications.
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