Astrotech (ASTC) Stock Forecast, Price & News

Astrotech's stock was trading at $9.99 at the start of the year. Since then, ASTC stock has increased by 3.2% and is now trading at $10.31.
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Astrotech saw a decline in short interest in September. As of September 15th, there was short interest totaling 18,000 shares, a decline of 10.0% from the August 31st total of 20,000 shares. Based on an average daily trading volume, of 11,900 shares, the short-interest ratio is currently 1.5 days. Currently, 1.2% of the company's stock are sold short.
View Astrotech's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our ASTC earnings forecast.

Astrotech Co. (NASDAQ:ASTC) issued its quarterly earnings data on Wednesday, May, 13th. The aerospace company reported ($10.20) earnings per share for the quarter. The aerospace company had revenue of $0.12 million for the quarter. Astrotech had a negative trailing twelve-month return on equity of 19.73% and a negative net margin of 1,285.73%.

Astrotech's stock reverse split before market open on Monday, December 5th 2022. The 1-30 reverse split was announced on Monday, December 5th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 5th 2022. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

3 employees have rated Astrotech Chief Executive Officer Thomas B. Pickens III on Glassdoor.com. Thomas B. Pickens III has an approval rating of 32% among the company's employees. This puts Thomas B. Pickens III in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 55.0% of employees surveyed would recommend working at Astrotech to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Astrotech investors own include Advanced Micro Devices (AMD), Inovio Pharmaceuticals (INO), Gevo (GEVO), Voyager Therapeutics (VYGR), Allena Pharmaceuticals (ALNA), Athersys (ATHX), AzurRx BioPharma (AZRX), DURECT (DRRX) and Dynatronics (DYNT).

Astrotech trades on the NASDAQ under the ticker symbol "ASTC."

Shares of ASTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ASTC stock can currently be purchased for approximately $10.31.

Astrotech (NASDAQ:ASTC) has a market capitalization of $17.32 million and generates $750,000.00 in revenue each year. The aerospace company earns $-9,640,000.00 in net income (profit) each year or ($5.8915) on an earnings per share basis.

Astrotech's mailing address is 201 W. 5TH STREET SUITE 1275, AUSTIN TX, 78701. The official website for the company is www.astrotechcorp.com. The aerospace company can be reached via phone at (512) 485-9530, via email at ir@astrotechcorp.com, or via fax at 512-485-9531.