Astrotech Co. (NASDAQ:ASTC – Get Free Report) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 2,700 shares, an increase of 145.5% from the February 13th total of 1,100 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is currently 0.2 days.
Astrotech Stock Performance
Shares of NASDAQ:ASTC opened at $6.49 on Friday. The company has a 50 day moving average of $6.66 and a 200 day moving average of $7.46. The stock has a market cap of $11.05 million, a P/E ratio of -0.79 and a beta of -0.20. Astrotech has a 12 month low of $6.04 and a 12 month high of $12.29.
Astrotech (NASDAQ:ASTC – Get Free Report) last released its quarterly earnings results on Friday, February 14th. The aerospace company reported ($2.45) earnings per share for the quarter. The firm had revenue of $260 billion during the quarter. Astrotech had a negative return on equity of 40.44% and a negative net margin of 3,198.09%.
Institutional Trading of Astrotech
Astrotech Company 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.
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