ASTC Stock Summary and Trading Ideas (Astrotech | NASDAQ:ASTC)

Astrotech Corp is a science and technology development company. The firm invents, acquires, and commercializes technological innovations sourced from internal research, universities, laboratories, and research institutions. The 1st Detect develops, manufactures, and sells chemical analyzers for use in the airport security, military, breath analysis markets. AgLAB develops a series of mass spectrometers for use in the agriculture market.

Astrotech trades on the NASDAQ stock market under the symbol ASTC.

As of April 19, 2024, ASTC stock price declined to $9.10 with 1,399 million shares trading.

ASTC has a market cap of $15.49 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, ASTC stock traded as high as $42.00 and as low as $7.00.

The top ETF exchange traded funds that ASTC belongs to (by Net Assets): VTI, VXF, DFAT, DFAS, DFAC.

ASTC has underperformed the market in the last year with a price return of -15.6% while the SPY ETF gained +21.2%. However, in the short term, ASTC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +25.3% vs +4.3% return in SPY. But in the last 2 weeks, ASTC shares have been beat by the market, returning -4.9% compared to an SPY return of -3.5%.

ASTC support price is $9.16 and resistance is $10.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASTC stock will trade within this expected range on the day.