Marquette Asset Management LLC Decreases Stake in Astrotech Co. (NASDAQ:ASTC)

Marquette Asset Management LLC reduced its position in Astrotech Co. (NASDAQ:ASTC) by 16.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,891 shares of the aerospace company’s stock after selling 1,813 shares during the period. Marquette Asset Management LLC owned approximately 0.52% of Astrotech worth $71,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Astrotech Stock Up 2.7 %

Shares of ASTC stock opened at $8.43 on Wednesday. The stock has a market cap of $14.35 million, a P/E ratio of -1.25 and a beta of -0.16. The company’s fifty day simple moving average is $9.01 and its two-hundred day simple moving average is $9.07. Astrotech Co. has a 52 week low of $7.00 and a 52 week high of $12.29.

Astrotech (NASDAQ:ASTC) last announced its earnings results on Thursday, September 19th. The aerospace company reported ($1.78) earnings per share for the quarter. The firm had revenue of $0.07 million during the quarter. Astrotech had a negative net margin of 701.08% and a negative return on equity of 30.15%.

About Astrotech

Astrotech Corporation operates as a mass spectrometry company worldwide. It owns and licenses the intellectual property related to the Astrotech Mass Spectrometer Technology, a platform mass spectrometry technology. The company also develops TRACER 1000, a mass spectrometer-based explosive trace detector to replace the explosives trace detectors used at airports, cargo and other secured facilities, and borders.