Positive News Coverage Extremely Likely to Impact Astrotech Corporation (NASDAQ:ASTC) Stock Price

Headlines about Astrotech Corporation (NASDAQ:ASTC) have trended positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Astrotech Corporation earned a media sentiment score of 0.31 on Accern’s scale. Accern also assigned media coverage about the aerospace company an impact score of 100 out of 100, indicating that recent press coverage is extremely likely to have an effect on the company’s share price in the next few days.

Shares of Astrotech Corporation (NASDAQ ASTC) opened at 0.9709 on Monday. The stock has a 50 day moving average price of $1.05 and a 200-day moving average price of $1.31. Astrotech Corporation has a 52 week low of $0.86 and a 52 week high of $2.23. The firm’s market capitalization is $19.97 million.

Astrotech Corporation (NASDAQ:ASTC) last released its earnings results on Tuesday, May 9th. The aerospace company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.03. The firm had revenue of $0.41 million during the quarter. Astrotech Corporation had a negative return on equity of 51.17% and a negative net margin of 352.40%. On average, equities research analysts forecast that Astrotech Corporation will post ($0.68) earnings per share for the current year.

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About Astrotech Corporation

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).

Insider Buying and Selling by Quarter for Astrotech Corporation (NASDAQ:ASTC)

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