Moog Inc. Class A (MOG.A) Soars 6.58%

Moog Inc. Class A (MOG.A) Soars 6.58%

Moog Inc. Class A (MOG.A) had a good day on the market for Friday November 01 as shares jumped 6.58% to close at $89.22. About 155,045 shares traded hands on 2,345 trades for the day, compared with an average daily volume of n/a shares out of a total float of 34.94 million. After opening the trading day at $85.00, shares of Moog Inc. Class A stayed within a range of $89.35 to $83.23.

With today’s gains, Moog Inc. Class A now has a market cap of $3.12 billion. Shares of Moog Inc. Class A have been trading within a range of $98.52 and $71.09 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Moog Inc is a worldwide manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers’ representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.

Moog Inc. Class A is based out of New York, NY and has some 11,787 employees. Its CEO is John R. Scannell.

Moog Inc. Class A is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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