Astrotech (NASDAQ:ASTC) Stock Rating Lowered by ValuEngine

Astrotech (NASDAQ:ASTC) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Tuesday, ValuEngine reports.

Shares of ASTC stock traded down $0.27 during trading hours on Tuesday, reaching $1.50. 37,441 shares of the company were exchanged, compared to its average volume of 25,846. Astrotech has a fifty-two week low of $1.50 and a fifty-two week high of $5.50. The stock’s fifty day moving average is $2.23 and its two-hundred day moving average is $3.05.

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.

Further Reading: Preferred Stock

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