Astrotech - ASTC Stock Forecast, Price & News

Astrotech's stock was trading at $9.99 at the beginning of the year. Since then, ASTC stock has increased by 4.2% and is now trading at $10.41.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our ASTC earnings forecast.

Astrotech Co. (NASDAQ:ASTC) announced its earnings results on Wednesday, May, 13th. The aerospace company reported ($10.20) earnings per share (EPS) 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 17.44% and a negative net margin of 2,149.05%.

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 market closes 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."

Astrotech's stock is owned by many different retail and institutional investors. Top institutional investors include BML Capital Management LLC (13.07%), Geode Capital Management LLC (1.26%), Dimensional Fund Advisors LP (0.67%), Marquette Asset Management LLC (0.56%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Braden Michael Leonard, Daniel T Russler Jr, Jaime Hinojosa, James Frank Becker and Thomas Wiley Wilkinson.
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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 $10.41.

Astrotech (NASDAQ:ASTC) has a market capitalization of $17.59 million and generates $870,000.00 in revenue each year. The aerospace company earns $-8,330,000.00 in net income (profit) each year or ($5.4039) 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.