|Bid||2.92 x 800|
|Ask||2.99 x 3000|
|Day's Range||2.87 - 3.06|
|52 Week Range||1.64 - 8.15|
|Beta (3Y Monthly)||2.13|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 7, 2018 - Feb 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.00|
Astrotech Corporation ("Astrotech" or the "Company") (ASTC) today announced that it has entered into and closed a private placement of the sale of its equity securities for aggregate gross proceeds to the Company of approximately $3 million, before deducting offering-related expenses. The Company plans to use the proceeds from the financing primarily for working capital and general corporate purposes. The Company expects that the addition of these proceeds to its balance sheet will enable the Company to fund its operating expenses and capital expenditure requirements into 2019. The Company’s Chairman of the Board and Chief Executive Officer, Thomas B. Pickens III, has purchased, for an aggregate purchase price of approximately $2.037 million, 866,950 shares of the Company’s Series B convertible preferred stock at an exercise price of $2.35, the closing price of the Company’s common stock on the NASDAQ Capital Market on October 8, 2018. The preferred stock will be convertible into an aggregate of 866,950 shares of the Company’s common stock upon receipt of shareholder approval in accordance with NASDAQ Listing Rule 5635(b).
Zero-debt allows substantial financial flexibility, especially for small-cap companies like Astrotech Corporation (NASDAQ:ASTC), as the company does not have to adhere to strict debt covenants. However, it also faces higher Read More...
Astrotech Corp acquires & commercializes technologies sourced from research institutions, laboratories, universities & internally, then funds, manages & builds start-up companies for profitable divestiture to market leaders to maximize shareholder value. Warning! GuruFocus has detected 7 Warning Signs with ASTC. The Astrotech Corp had an operating margin of -13539.53%, compared with the operating margin of -518.04% a year before.
WallStEquities.com has selected the following stocks for tracking today: Astrotech Corp. (NASDAQ: ASTC), BWX Technologies Inc. (NYSE: BWXT), Embraer S.A. (NYSE: ERJ), and General Dynamics Corp. (NYSE: GD). Aerospace Defense Products and Services companies produce at least one major product, or performs one key service, that is identified with the aerospace and defense industry.
Astrotech (ASTC) subsidiary Astral Images – a company that develops film-to-digital image enhancement, defect removal, and color correction technologies – and ColorTime, LLC, a post-production house specializing in media content creation, restoration, and distribution, today announced an agreement for ColorTime to incorporate Astral Images’ Image Correction and Enhancement (ICE™) software and proprietary scanner hardware into their workflow. “Our team is excited to partner with ColorTime as they share our mission of enhancing the viewing experience for audiences everywhere.
Astrotech (ASTC) today announced that it has filed a universal shelf registration statement on Form S-3 with the United States Securities and Exchange Commission, or the SEC. The registration statement is intended to provide the company with efficient access to the capital markets and increased financial flexibility. Once the shelf registration statement has been declared effective by the SEC, subject to market conditions and other factors, Astrotech may from time to time issue various types of securities, including common stock, preferred stock, warrants, debt securities, units, or any combination of such securities, up to an aggregate amount of $30 million, through one or more methods of distribution.
Astrotech (ASTC) today announced several changes to its Board of Directors. With a view toward reducing costs, the board size will be reduced to four, and the company’s Board Chairman and Chief Executive Officer, Thomas B. Pickens III, will voluntarily reduce his salary. Effective July 1, 2018, Pickens’ salary will be reduced by 10.4 percent, and Board members Sha-Chelle Manning and Michael R. Humphrey will resign.
NEW YORK, NY / ACCESSWIRE / June 20, 2018 / Astrotech was on a rocket in Tuesday trading, soaring over 200% after it was announced by its subsidiary, 1st Detect, that its new explosives trace detector (ETD), the TRACER 1000, will enter the European Civil Aviation Conference (ECAC)'s Common Evaluation Process (CEP) for airport checkpoint screening of passengers and cargo. Shares of GameStop continued to soar on Tuesday after the company confirmed that it is indeed in talks with third parties to explore a sale. Astrotech Corporation was one of the biggest winners on the NASDAQ in Tuesday trading, closing the day up over 226%.
Astrotech subsidiary 1st Detect today announced that its new explosives trace detector , the TRACER 1000, will enter the European Civil Aviation Conference ’s Common Evaluation Process for airport checkpoint screening of passengers and cargo in the coming months.
Tom Pickens took the reins as CEO of Astrotech Corporation’s (NASDAQ:ASTC) and grew market cap to US$8.06M recently. Recognizing whether CEO incentives are aligned with shareholders is a crucial partRead More...
LONDON, UK / ACCESSWIRE / May 30, 2018 / If you want access to our free research report on Raytheon Co. (NYSE: RTN), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RTN as the Company's latest news hit the wire. On May 25, 2018, the Company, which is a major US defense contractor and industrial Company with core manufacturing concentrations in weapons, and military and commercial electronics, declared that the US Army has awarded its Integrated Defense Systems (IDS) business unit a $395.80 million modification contract for the production of Romania's Patriot™ Air and Missile Defense System. Active-Investors.com is currently working on the research report for Astrotech Corporation (NASDAQ: ASTC), which also belongs to the Industrial Goods sector as the Company Raytheon.
Astrotech Corporation reported its financial results for the third quarter of fiscal year 2018 ended March 31, 2018.
Astrotech subsidiary 1st Detect today announced that its new explosives trace detector , the TRACER 1000, has entered into Developmental Test and Evaluation at the U.S.
Stock Monitor: AAR Corp. Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 29, 2018 / Active-Investors.com has just released a free research report on Astrotech Corp. (NASDAQ: ASTC ). If you want ...
Astrotech subsidiary 1st Detect today announced that its new explosives trace detector , the TRACER 1000, has been accepted into the Transportation Security Administration ’s Air Cargo Screening Technology Qualification Test program.
Examining Astrotech Corporation’s (NASDAQ:ASTC) past track record of performance is a valuable exercise for investors. It enables us to understand whether the company has met or exceed expectations, which isRead More...
Stock Monitor: Astrotech Post Earnings Reporting LONDON, UK / ACCESSWIRE / February 21, 2018 / Active-Investors.com has just released a free research report on Huntington Ingalls Industries, Inc. (NYSE: ...
Astrotech reported its financial results for the second quarter of fiscal year 2018 ended December 31, 2017.
Tom Pickens took the reins as CEO of Astrotech Corporation’s (NASDAQ:ASTC) and grew market cap to US$11.83M recently. Understanding how CEOs are incentivised to run and grow their company isRead More...
Astrotech will demonstrate 1st Detect’s mass spectrometry-based explosives and narcotics detector, the TRACER 1000, at Stand 529 at the Border Security Expo in San Antonio, TX from Jan.
Zero-debt allows substantial financial flexibility, especially for small-cap companies like Astrotech Corporation (NASDAQ:ASTC), as the company does not have to adhere to strict debt covenants. However, it also faces higherRead More...
Astrotech Corporation reported the final results of its fiscal year 2017 Annual Meeting of Shareholders held on December 7, 2017 and reconvened on December 22, 2017.
Stock Monitor: Astrotech Post Earnings Reporting LONDON, UK / ACCESSWIRE / December 20, 2017 / Active-Investors free earnings report on Woodward, Inc. (NASDAQ: WWD ) has freshly been issued to its members, ...