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.

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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.

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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.

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