Acuitas Investments LLC Acquires 9,623 Shares of Astrotech Co. (NASDAQ:ASTC)

Acuitas Investments LLC grew its holdings in Astrotech Co. (NASDAQ:ASTC) by 18.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,570 shares of the aerospace company’s stock after acquiring an additional 9,623 shares during the quarter. Acuitas Investments LLC’s holdings in Astrotech were worth $531,000 at the end of the most recent reporting period.

Astrotech Stock Performance

NASDAQ ASTC traded up $0.19 during trading hours on Friday, reaching $9.40. 404 shares of the company’s stock were exchanged, compared to its average volume of 3,230. Astrotech Co. has a one year low of $7.00 and a one year high of $15.11. The company’s 50-day moving average is $8.68 and its two-hundred day moving average is $8.39. The company has a market capitalization of $15.98 million, a price-to-earnings ratio of -1.48 and a beta of -0.17.

Astrotech (NASDAQ:ASTC) last released its earnings results on Monday, February 12th. The aerospace company reported ($1.62) EPS for the quarter. Astrotech had a negative net margin of 515.23% and a negative return on equity of 23.57%. The firm had revenue of $1.12 million during the quarter.

Astrotech Profile

Astrotech Corporation operates as a mass spectrometry company worldwide. It owns and licenses the intellectual property related to the Astrotech Mass Spectrometer Technology, a platform mass spectrometry technology. The company also develops TRACER 1000, a mass spectrometer-based explosive trace detector to replace the explosives trace detectors used at airports, cargo and other secured facilities, and borders.