Astrotech is a mass spectrometry company that launches, manages, and commercializes companies. Co.'s reportable business units include: Astrotech Technologies, Inc., which owns and licenses the intellectual property related to the Astrotech Mass Spectrometer Technology; 1st Detect Corporation, which is a manufacturer of explosives and narcotics trace detectors developed for use at airports, cargo and other secured facilities, and borders worldwide; and AgLAB, Inc., which is developing a series of mass spectrometers for use in the hemp and cannabis market with focus on supporting yields in the extraction and distillation process. The ASTC stock yearly return is shown above.
The yearly return on the ASTC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ASTC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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