Astrotech jumps on bullish SA Pro article

|About: Astrotech Corporation (ASTC)|By:, SA News Editor

Shares of Astrotech (ASTC +6.2%) jump after SA Pro's Inefficient Market makes the bull case (embargoed until 9:30 ET tomorrow) for the commercial aerospace company.

The author sees Astrotech as an asymmetric opportunity, with downside risk mitigated by profit from the satellite processing ops and a balance sheet with tangible assets 70% above the company's market cap. On the other hand,  Astrotech has large upside potential due to the profitability of its satellite unit - if the lagging 1st Detect business becomes profitable, ASTC could reach a level more than double today's price.