The Astrotech Corporation (NASDAQ:ASTC) is going up by 0.47% in today’s trading session, a rise equivalent to 0.01% of the stock’s price from yesterday’s market close. A news came out 7 hours ago stating that Astrotech Launches a New Subsidiary and a New Line of Products by WSJ. The lowest point that the shares touched during the trading session was $2.13, while the peak of the day was recorded at a share price of $2.24. ASTC finished the previous session at $2.15 according to the data provided by Barchart, while the trading volume was observed to be $974,755.
In the 100 days of trading, ASTC managed to top a 2.89% Moving average. Additionally, Astrotech Corporation shares have achieved a 52-week range between 2.13 and 6.03 alongside 100 days raw stochastic set at 5.16%.
The number of shares outstanding, according to the fundamentals of the company, is set at 5.79M, equal to the value of $12.45M in market capitalization. In the last 30 days, Astrotech Corporation shares went down by -18.66%, adding 2.63 to growth in value, on top of a +4.95% boost since 08/20/19.
Astrotech Corporation (NASDAQ:ASTC) Analyst’s Estimates
According to the average analyst rating, Astrotech Corporation would be rated as Buy. Out of 1 different analysts monitoring ASTC stock, 1 analysts rate the stock as a BUY, 0 suggest to give the rating of HOLD, 0 indicate that ASTC is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
ASTC Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of -831.40% has been attained, while the operating margin has been recorded at -13539.53%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -109.18%. Beta value of the stock is recorded at -0.29. Additionally, Astrotech Corporation is recording price volatility of 8.25% for the period of the last seven days and 6.79% in the last 30 days.
Astrotech Corporation (NASDAQ:ASTC) Technical Outlook
For the period of the last 50 days, Astrotech Corporation had its Raw Stochastic average set at 11.76% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 17.06%. Stochastic %K for Astrotech Corporation, with the last 20 days included, was set at 7.68%, having Stochastic %D topping 6.43%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Astrotech Corporation stocks with recording -54.93% in metrics.
Astrotech Corporation Insider Watch:
Similarly, 25.88% of the company’s float is held by institutions – and there are 12 institutions in total holding shares of this company. The top three institutional holders of ASTC stocks are: Blackrock Inc. with ownership of $479155, which is approximately 191,662 of the company’s shares; Vanguard Group, Inc. (The), holding 59,016 shares of the stock with an approximate value of $147540; and Geode Capital Management, LLC, currently with more than 28,550 shares of the company valued at $71375. Positions in Astrotech Corporation stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares.