Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Astronics Corporation before investing.

In this article, we go over a few key elements for understanding Astronics Corporation’s stock price such as:

• Astronics Corporation’s current stock price and volume
• Why Astronics Corporation’s stock price changed recently
• Upgrades and downgrades for ATRO from analysts
• ATRO’s stock price momentum as measured by its relative strength

About Astronics Corporation (ATRO)

Before we jump into Astronics Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Astronics Corporation is a provider of advanced technologies to the global aerospace, defense, and electronics industries. Its products and services include advanced electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, systems and certification, aircraft structures and automated test systems. The Company operates through two segments: Aerospace, and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Its product lines include lighting and safety systems, electrical power generation, distribution and seat motion systems, aircraft structures, avionics products, systems certification, and other products. The Test Systems segment designs, develops, manufactures and maintains automated test systems that support the aerospace and defense, communications and mass transit industries as well as training and simulation devices for both commercial and military applications.

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Astronics Corporation’s Stock Price as of Market Close

As of May 15, 2024, 4:00 PM, CST, Astronics Corporation’s stock price was $20.64.

Astronics Corporation is up 9.09% from its previous closing price of $18.92.

During the last market session, Astronics Corporation’s stock traded between $18.63 and $19.20. Currently, there are 34.86 million shares of Astronics Corporation stock available for purchase.

Unfortunately, Astronics Corporation’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Astronics Corporation Stock Price History

Astronics Corporation’s (ATRO) price is currently up 23.08% so far this month.

During the month of May, Astronics Corporation’s stock price has reached a high of $20.71 and a low of $16.86.

Over the last year, Astronics Corporation has hit prices as high as $22.44 and as low as $14.11. Year to date, Astronics Corporation’s stock is up 100.39%.

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What Caused Astronics Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 14, 2024, there was 1 analyst who downgraded Astronics Corporation’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Astronics Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Astronics Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Astronics Corporation’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Astronics Corporation (ATRO) by visiting AAII Stock Evaluator.

Relative Price Strength of Astronics Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 14, 2024, Astronics Corporation has a weighted four-quarter relative price strength of -2.31%, which translates to a Momentum Score of 61 and is considered to be Strong.

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Astronics Corporation Stock Price: Bottom Line

As of May 15, 2024, Astronics Corporation’s stock price is $20.64, which is up 9.09% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Astronics Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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