Ascent Solar Technologies Inc (NASDAQ: ASTI) is -84.14% lower on its value in year-to-date trading and has touched a low of $0.13 and a high of $80.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ASTI stock was last observed hovering at around $0.13 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.14, the stock is -60.69% and -71.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.96 million and changing 2.83% at the moment leaves the stock -97.43% off its SMA200. ASTI registered -99.82% loss for a year compared to 6-month loss of -90.07%. The firm has a 50-day simple moving average (SMA 50) of $8.39 and a 200-day simple moving average (SMA200) of -$0.27.
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The stock witnessed a -56.90% gain in the last 1 month and extending the period to 3 months gives it a -83.13%, and is -59.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.11% over the week and 9.96% over the month.
Ascent Solar Technologies Inc (ASTI) has around 18 employees, a market worth around $0.52M and $0.46M in sales. Profit margin for the company is -5105.53%. Distance from 52-week low is 6.15% and -99.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-4530.59%).
Ascent Solar Technologies Inc quarterly earnings per share for the current quarter are estimated at $0.
18 institutions hold shares in Ascent Solar Technologies Inc (ASTI), with institutional investors hold 11.92% of the company’s shares. The shares outstanding are 3.58M, and float is at 3.33M with Short Float at 19.89%. Institutions hold 10.54% of the Float.
The top institutional shareholder in the company is Sabby Management, LLC with over 2895.0 shares valued at $71796.0. The investor’s holdings represent 0.01% of the ASTI Shares outstanding.
Ascent Solar Technologies Inc (ASTI) Insider Activity
The most recent transaction is an insider purchase by Forrest Reynolds T., the company’s Director. SEC filings show that Forrest Reynolds T. bought 3,529 shares of the company’s common stock on Nov 01 ’23 at a price of $0.85 per share for a total of $3000.0. Following the purchase, the insider now owns 58243.0 shares.
Ascent Solar Technologies Inc disclosed in a document filed with the SEC on Oct 24 ’23 that Forrest Reynolds T. (Director) bought a total of 2,631 shares of the company’s common stock. The trade occurred on Oct 24 ’23 and was made at $1.14 per share for $2999.0. Following the transaction, the insider now directly holds 54714.0 shares of the ASTI stock.
Still, SEC filings show that on Sep 28 ’23, Forrest Reynolds T. (Director) acquired 52,083 shares at an average price of $2.88 for $0.15 million. The insider now directly holds 52,083 shares of Ascent Solar Technologies Inc (ASTI).
