Astrotech Co. (NASDAQ:ASTC – Get Rating) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.34 and traded as low as $10.76. Astrotech shares last traded at $10.76, with a volume of 970 shares trading hands.
Astrotech Price Performance
The stock has a market capitalization of $17.41 million, a P/E ratio of -1.94 and a beta of -0.68. The stock's 50-day simple moving average is $11.40 and its 200 day simple moving average is $11.32.
Get Astrotech alerts:Astrotech (NASDAQ:ASTC – Get Rating) last posted its earnings results on Monday, February 13th. The aerospace company reported ($1.50) EPS for the quarter. Astrotech had a negative net margin of 2,149.05% and a negative return on equity of 17.44%. The firm had revenue of $0.26 million during the quarter.
Hedge Funds Weigh In On Astrotech
Institutional investors and hedge funds have recently bought and sold shares of the company. BML Capital Management LLC bought a new position in Astrotech during the fourth quarter worth $2,202,000. Renaissance Technologies LLC boosted its stake in Astrotech by 173.4% during the third quarter. Renaissance Technologies LLC now owns 158,589 shares of the aerospace company's stock worth $70,000 after acquiring an additional 100,589 shares in the last quarter. Virtu Financial LLC acquired a new position in Astrotech during the 1st quarter worth approximately $56,000. Finally, Dimensional Fund Advisors LP acquired a new stake in Astrotech in the 4th quarter valued at $113,000.
Astrotech Company Profile
(Get Rating)
Astrotech Corp. engages in the provision of science and technology development and commercialization businesses. It operates through the following segments: Astrotech Technologies Inc, 1st Detect Corporation, AgLAB Inc, and BreathTech Corporation. The company was founded in 1984 and is headquartered in Austin, TX.
Further Reading
- Get a free copy of the StockNews.com research report on Astrotech (ASTC)
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