Astrotech Corp. (ASTC) Issues Earnings Results, Misses Estimates By $0.01 EPS
Astrotech Corp. (NASDAQ:ASTC) announced its quarterly earnings results on Thursday. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by $0.01. The company earned $1 million during the quarter.
Astrotech Corp. (NASDAQ:ASTC) opened at 1.59 on Thursday. The company’s 50-day moving average price is $1.69 and its 200-day moving average price is $1.74. The company’s market capitalization is $33.02 million. Astrotech Corp. has a 52 week low of $1.05 and a 52 week high of $3.15.
Separately, Chardan Capital assumed coverage on Astrotech Corp. in a research note on Friday, October 28th. They set a “buy” rating and a $5.00 price target for the company.
Astrotech Corp. Company Profile
Astrotech Corporation is a science and technology development and commercialization company. The Company invents, acquires and commercializes technological innovations sourced from internal research, universities, laboratories and research institutions. The Company operates through two business units: Astro Scientific and Astral Images Corporation (Astral).
Receive News & Stock Ratings for Astrotech Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astrotech Corp. and related stocks with our FREE daily email newsletter.