Astrotech (NASDAQ:ASTC) Releases Earnings Results

Astrotech (NASDAQ:ASTC) released its quarterly earnings data on Friday. The aerospace company reported ($2.45) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $260 billion for the quarter. Astrotech had a negative net margin of 945.17% and a negative return on equity of 33.26%.

Astrotech Stock Performance

ASTC opened at $6.65 on Friday. Astrotech has a 1 year low of $6.12 and a 1 year high of $12.29. The stock’s 50 day simple moving average is $6.84 and its 200-day simple moving average is $7.78.

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.