ASTC - Watch for Continued Losses in Shares of Astrotech Corporation (ASTC)

Shares of Astrotech Corporation (NASDAQ:ASTC) traded at a new 52-week low today of $1.14. So far today approximately 16.6 million shares have been exchanged, as compared to an average 30-day volume of 5.4 million shares.

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 company operates two reportable business units, 1st Detect corporation and AgLAB Inc. 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.

Potential upside of 80.5% exists for Astrotech Corporation, based on a current level of $1.17 and analysts' average consensus price target of $2.11.

Astrotech Corporation share prices have moved between a 52-week high of $6.14 and the current low of $1.14 and are currently at $1.17 per share.

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