Astec Industries Inc
Market Cap
1.2B
Short interest (Apr 15)
2.1%
Net Short (Jun 03 ): -0.1%
Borrow Fee
0.40%
↓ 2.4%
Available Shares
300K
↓ 19.2%
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Company Overview
Astec Industries Inc designs and manufactures equipment and components used in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. The company has two operating segments: infrastructure solutions generating maximum revenue and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.
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