Astrotech Corp (NASDAQ:ASTC) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokerages have set a 1 year consensus price target of $5.00 for the company, according to Zacks. Zacks has also given Astrotech an industry rank of 87 out of 256 based on the ratings given to related companies.

Separately, ValuEngine lowered Astrotech from a “buy” rating to a “hold” rating in a research note on Wednesday, June 19th.

An institutional investor recently raised its position in Astrotech stock. BlackRock Inc. increased its stake in Astrotech Corp (NASDAQ:ASTC) by 13,099.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 191,662 shares of the aerospace company’s stock after purchasing an additional 190,210 shares during the quarter. BlackRock Inc. owned 4.68% of Astrotech worth $914,000 at the end of the most recent quarter. 5.21% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:ASTC traded down $0.01 on Friday, hitting $2.34. The company’s stock had a trading volume of 100 shares, compared to its average volume of 8,038. The firm has a fifty day moving average of $2.52. Astrotech has a one year low of $2.17 and a one year high of $6.03.

Astrotech (NASDAQ:ASTC) last released its quarterly earnings data on Monday, May 13th. The aerospace company reported ($0.25) earnings per share (EPS) for the quarter.

Astrotech Company Profile

Astrotech Corporation operates as a science and technology development and commercialization company in the United States. It operates through two segments, Astro Scientific and Astral Images Corporation. The Astro Scientific segment manufactures chemical detection and analysis instrumentation that detects and identifies trace amounts of explosives and narcotics.

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