In today’s recent session, 47,120,403 shares of the Astrotech Corporation(NASDAQ:ASTC) have been traded, and its beta is -1.22. Most recently the company’s share price was $2.26, and it changed around $0.08 or 0.04% from the last close, which brings the market valuation of the company to $50.12 Million. ASTC at last check was trading at a discount to its 52-week high of $6.14, offering almost -171.68% off that amount. The share price’s 52-week low was $1.43, which indicates that the recent value has risen by an impressive 36.73% since then. We note from Astrotech Corporation’s average daily trading volume that its 10-day average is 1.85 Million shares, with the 3-month average coming to 2.29 Million.
Astrotech Corporation stock received a consensus recommendation rating of Buy, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended ASTC as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. Astrotech Corporation is expected to report earnings per share of $0 for the current quarter.
Astrotech Corporation (NASDAQ:ASTC): Trading Information Today
Instantly ASTC has been showing a green trend so far today with a performance of 3.67% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $2.98- on Wednesday, Apr 07 increased the stock’s daily price by 24.45%. The company’s shares are currently up 0.27% year-to-date, but still up 0.0982 over the last five days. On the other hand, Astrotech Corporation (NASDAQ:ASTC) is 0.27% up in the 30-day period. We can see from the shorts that 358.36 Million shares have been sold at a short interest cover period of 156.49 day(s).
The consensus price target as assigned by Wall Street analysts is $25, which translates to bears needing to increase their stock price by 1006.19% from its current value. Analyst projections state that ASTC is forecast to be at a low of $25 and a high of $25. In order for the stock price to hit the forecast high, the stock would need to surge +1006.19% from its current level, while the stock would need to crash 1006.19% from its current level to reach the projected low.
Astrotech Corporation (ASTC) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.9%. Astrotech Corporation earnings are expected to increase by 14.1% in 2021, but the outlook is negative 0% per year for the next five years.
Astrotech Corporation (NASDAQ:ASTC)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 20.35% of Astrotech Corporation shares, and 12.58% of them are in the hands of institutional investors. The stock currently has a share float of 15.8%. Astrotech Corporation stock is held by 19 institutions, with Sabby Management, LLC being the largest institutional investor. By Dec 30, 2020, it held 2.81% of the shares, which is about 634.3 Thousand shares worth $1.12 Million.
Vanguard Group, Inc. (The), with 1.9% or 428.2 Thousand shares worth $757.91 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 30, 2020. The former held 289092 shares worth $511.69 Thousand, making up 1.28% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 139.11 Thousand shares worth around $246.22 Thousand, which represents about 0.62% of the total shares outstanding.