Astrotech stock: buy or sell?

ASTC stock price: $2.50 -6.72% At close on April 6th, 2020

Updated on:
April 6th, 2020

3

Shares of Astrotech plummed a bloodcurdling -6.72% and closed at $2.50. On Thursday ASTC climbed an astounding 10.59%.

Astrotech Corporation operates as a science and technology development and commercialization company in the United States.

Should I buy Astrotech stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Astrotech stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ASTC will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Astrotech stock a buy?

Financial institutions and banks publish stock ratings everyday. Unfortunately, we couldn't find any rating for ASTC stock for the last month.

Astrotech stock analysis

Daily outlook

Astrotech ended today at $2.50 and plummed a bloodcurdling -6.72%.

Astrotech ended today at $2.50 and plummed a bloodcurdling -6.72%. Since price and SMA200d lines crossed up on Mar/25, ASTC climbed $1.38 (123.21%). ASTC is retaking the upward trend marking a new rising bottom heading to break out over $7.75. Since last January when SMA50d and SMA100d crossed up, ASTC price gained $0.38 per share (17.92%).

ASTC stock chart (daily)

Weekly outlook

Astrotech closed this week at $2.50 and plunged a bloodcurdling -6.72%. Late March ASTC boosted a dazzling 69.97% in just one week.

Since late March when ASTC stock price broke up the SMA40w line, it gained $1.41 (129.36%).

ASTC stock chart (weekly)

Astrotech stock price history

Astrotech stock went public on December 21st, 1995 with a price of $600.001. Since then, ASTC stock sliced a -99.60%, with a yearly average of -4.20%.

1: Adjusted price after possible price splits or reverse-splits.

Astrotech stock historical price chart

ASTC stock reached 52-week highs on March 25th at $7.75, and all-time highs 1996-04-09 with a price of 800.

Astrotech stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' ASTC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price target for Astrotech stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report , Astrotech . As soon as we get its posted EPS from the earnings report, we will update this review.
ASTC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.69n/a
2017-Q2-n/a-0.68n/a
2017-Q32017-11-08n/an/an/a
2017-Q42018-02-07n/an/an/a
2018-Q12018-05-14n/a-0.7n/a
2018-Q22018-09-24n/a-0.63n/a
2018-Q32018-11-13n/a-0.55n/a
2018-Q42019-02-12n/a-0.46n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Astrotech annual revenues plummed a spooky -96.31% to $0.09 million USD from $2.33 marked in 2017. When comparing 2018 vs 2017, in the same way, profit margin (that is, the net income divided by revenues) collapsed a -14,910.63% to -15,408.14%.

To have an up to date view of the financial situation of Astrotech, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q4 that can be compared to 2018 fiscal year results. Annual Astrotech TTM sales up to December 2018 were $0.09 and income was $-11.51 million dollars. When comparing this TTM figures with the last reported annuality, we can review Astrotech business evolution since June 2018: Annual turnover up to December, compared to lastest yearly report, declined an unpleasant -1.16%. Regarding profit margin, Astrotech skyrocketed 1,871.67% to -15,408.14%

ASTC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$24 M-$-0.19 M-0.8%-
2014$16 M-31.58%$-4.96 M-30.2%2,581.08%
2015$0.51 M-96.88%$11 M2101.0%-317.30%
2016$2.67 M420.66%$-13.10 M-490.3%-221.50%
2017$2.33 M-12.84%$-11.58 M-497.5%-11.55%
2018$0.09 M-96.31%$-13.25 M-15408.1%14.41%
TTM $0.09 M-1.16%$-11.51 M-13536.5%-13.17%

Quarterly financial results

Astrotech reported $0.01 M in revenues for 2018-Q4, a -78.79% less compared to previous quarter. Reported quarter earnings marked $-2.16 M with a profit margin of -30,857.14%. Profit margin collapsed a -24,075.32% compared to previous quarter when profit margin was -6,781.82%. When comparing turnover to same quarter last year, Astrotech sales marked a chilling loss and plunged a -82.93%. Looking back to recent quarterly results, Astrotech posted 2 positive quarters in a row.
ASTC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$0.41 M-$-2.80 M-681.3%-
2017-Q2$0.39 M-4.87%$-2.76 M-705.9%-1.43%
2017-Q4$0.04 M-89.51%$-3.14 M-7651.2%13.66%
2018-Q2$0.05 M9.76%$-4.25 M-9451.1%35.58%
2018-Q3$0.03 M-26.67%$-2.24 M-6781.8%-47.38%
2018-Q4$0.01 M-78.79%$-2.16 M-30857.1%-3.49%

Astrotech ownership

When you are planning to invest in a stock, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Astrotech, 37.25% of all outstanding shares are owned by its staff.

In case of Astrotech stock, 14.43% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ASTC stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Astrotech:

ASTC
Market cap$15.9 M
Total shares6.4 M
Float shares3.9 M
  - Institutional holdings (%)14.4%
  - Insider holdings (%)37.2%
Shares in short selling0.0%

Astrotech summary

Monday, April 6th, 2020
Open$2.40
Close$2.50
Day range$2.40 - $2.63
Previous close$2.68
Session gain-6.72%
Average true range$1.06
50d mov avg$1.91
100d mov avg$1.90
200d mov avg$2.02
Daily patternlb02a
Weekly pattern

Astrotech performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Astrotech performance to :
Stock3m6m12m
ASTCAstrotech12.61%35.14%-29.58%

Astrotech competitors

Unfortunately, we could not find any public company that could be defined as Astrotech competitor. This doesn't mean Astrotech does not have any competitor in the market, it's just we could not detected it.