Somewhat Positive Media Coverage Somewhat Unlikely to Affect Astrotech (ASTC) Share Price

Media headlines about Astrotech (NASDAQ:ASTC) have trended somewhat positive on Saturday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Astrotech earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned news headlines about the aerospace company an impact score of 49.4762483811143 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Astrotech (NASDAQ ASTC) traded down $0.01 during mid-day trading on Friday, hitting $3.12. The company had a trading volume of 13,040 shares, compared to its average volume of 34,447. Astrotech has a 1-year low of $2.24 and a 1-year high of $9.00. The company has a market cap of $14.10, a P/E ratio of -1.42 and a beta of 1.71.

Astrotech (NASDAQ:ASTC) last issued its quarterly earnings data on Wednesday, November 8th. The aerospace company reported ($0.15) earnings per share for the quarter. Astrotech had a negative net margin of 497.51% and a negative return on equity of 61.82%.

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About Astrotech

Astrotech Corporation is a science and technology development and commercialization company. The Company invents, acquires and commercializes technological innovations sourced from internal research, universities, laboratories and research institutions. The Company operates through two business units: Astro Scientific and Astral Images Corporation (Astral).

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