Astrotech (NASDAQ:ASTC) Releases Earnings Results

Astrotech (NASDAQ:ASTC) announced its quarterly earnings results on Tuesday. The aerospace company reported ($2.18) EPS for the quarter, Zacks reports. Astrotech had a negative net margin of 3,198.09% and a negative return on equity of 40.44%.

Astrotech Stock Down 0.8%

Shares of ASTC opened at $5.85 on Wednesday. The stock has a market capitalization of $9.96 million, a P/E ratio of -0.72 and a beta of 0.22. Astrotech has a twelve month low of $5.74 and a twelve month high of $12.29. The company has a 50 day moving average of $6.14 and a 200-day moving average of $6.64.

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.