Astrotech Corporation (NASDAQ: ASTC) is -50.00% lower on its value in year-to-date trading and has touched a low of $0.33 and a high of $0.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASTC stock was last observed hovering at around $0.36 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $25.00 for the next 12 months. It is also 98.64% off the consensus price target high of $25.00 offered by 1 analysts, but current levels are 98.64% higher than the price target low of $25.00 for the same period.
Currently trading at $0.34, the stock is -15.21% and -17.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -5.58% at the moment leaves the stock -34.21% off its SMA200. ASTC registered -57.76% loss for a year compared to 6-month loss of -34.58%.
The stock witnessed a -12.98% gain in the last 1 month and extending the period to 3 months gives it a -29.87%, and is -5.56% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.90% over the week and 8.74% over the month.
Astrotech Corporation (ASTC) has around 14 employees, a market worth around $15.68M and $0.90M in sales. Distance from 52-week low is 4.55% and -59.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.90%).
Astrotech Corporation (ASTC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Astrotech Corporation (ASTC) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Astrotech Corporation is expected to release its quarterly report on 02/14/2023.The EPS is expected to grow by 49.50% this year
Astrotech Corporation (ASTC) Top Institutional Holders
The shares outstanding are 48.35M, and float is at 45.02M with Short Float at 0.14%.
Astrotech Corporation (ASTC) Insider Activity
A total of 11 insider transactions have happened at Astrotech Corporation (ASTC) in the last six months, with sales accounting for 0 and purchases happening 11 times. The most recent transaction is an insider purchase by Leonard Braden Michael, the company’s 10% Owner. SEC filings show that Leonard Braden Michael bought 133,688 shares of the company’s common stock on Nov 18 at a price of $0.39 per share for a total of $51751.0. Following the purchase, the insider now owns 6.35 million shares.
Astrotech Corporation disclosed in a document filed with the SEC on Nov 17 that Leonard Braden Michael (10% Owner) bought a total of 93,879 shares of the company’s common stock. The trade occurred on Nov 17 and was made at $0.36 per share for $33900.0. Following the transaction, the insider now directly holds 6.21 million shares of the ASTC stock.
Still, SEC filings show that on Nov 16, Leonard Braden Michael (10% Owner) acquired 162,928 shares at an average price of $0.36 for $59289.0. The insider now directly holds 6,118,733 shares of Astrotech Corporation (ASTC).
Astrotech Corporation (ASTC): Who are the competitors?
The company’s main competitors (and peers) include Lockheed Martin Corporation (LMT) that is trading 39.37% up over the past 12 months and Aerojet Rocketdyne Holdings Inc. (AJRD) that is 16.51% higher over the same period. Northrop Grumman Corporation (NOC) is 43.42% up on the 1-year trading charts.