ASTC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 559.93 -- higher than 93.7% of US-listed equities with positive expected earnings growth.
With a price/sales ratio of 51.8, ASTROTECH Corp has a higher such ratio than 95.48% of stocks in our set.
Revenue growth over the past 12 months for ASTROTECH Corp comes in at 560%, a number that bests 98.66% of the US stocks we're tracking.
Stocks with similar financial metrics, market capitalization, and price volatility to ASTROTECH Corp are RNWK, OPTT, EYES, EMAN, and KOPN.
Astrotech Corporation (NASDAQ: ASTC), today announced that it has closed its previously announced registered direct offering priced at-the-market of 873,335 shares of its common stock at a price of $3.75 per share for aggregate gross proceeds of approximately $3.27 million. The Company intends to use the net proceeds from this offering for continuing operating expenses and working capital.
Astrotech Corporation (NASDAQ: ASTC), today announced that it has entered into definitive agreements with several institutional investors for the purchase and sale of 873,332 shares of Astrotech's common stock, at a purchase price of $3.75 per share, in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about March 31, 2020, subject to the satisfaction of customary closing conditions.