In the past week, ASTI stock has gone down by -18.32%, with a monthly decline of -24.32% and a quarterly plunge of -31.84%. The volatility ratio for the week is 14.54%, and the volatility levels for the last 30 days are 10.72% for Ascent Solar Technologies Inc The simple moving average for the past 20 days is -25.70% for ASTI’s stock, with a -85.18% simple moving average for the past 200 days.
Is It Worth Investing in Ascent Solar Technologies Inc (NASDAQ: ASTI) Right Now?
Company’s 36-month beta value is 2.56.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ASTI is 91.20M, and currently, short sellers hold a 0.75% ratio of that floaft. The average trading volume of ASTI on August 05, 2024 was 27.86M shares.
ASTI) stock’s latest price update
Ascent Solar Technologies Inc (NASDAQ: ASTI)’s stock price has dropped by -10.60 in relation to previous closing price of 0.08. Nevertheless, the company has seen a loss of -18.32% in its stock price over the last five trading days. globenewswire.com reported 2024-07-25 that THORNTON, Colo., July 25, 2024 (GLOBE NEWSWIRE) — Ascent Solar Technologies, (Nasdaq: ASTI) (“Ascent” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, today announced that CEO Paul Warley will attend two major industry and investor events this summer: ASCEND 2024 and the H.C. Wainwright 26 th Annual Global Investment Conference.
ASTI Trading at -35.30% from the 50-Day Moving Average
After a stumble in the market that brought ASTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.60% of loss for the given period.
Volatility was left at 10.72%, however, over the last 30 days, the volatility rate increased by 14.54%, as shares sank -40.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.50% lower at present.
During the last 5 trading sessions, ASTI fell by -17.97%, which changed the moving average for the period of 200-days by -94.09% in comparison to the 20-day moving average, which settled at $0.0918. In addition, Ascent Solar Technologies Inc saw -91.95% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASTI starting from Peterson David Theodore JR, who purchase 66,000 shares at the price of $0.09 back on Jul 02 ’24. After this action, Peterson David Theodore JR now owns 108,152 shares of Ascent Solar Technologies Inc, valued at $6,178 using the latest closing price.
Warley Paul P., the Chief Executive Officer of Ascent Solar Technologies Inc, purchase 15,000 shares at $0.12 during a trade that took place back on Apr 12 ’24, which means that Warley Paul P. is holding 246,538 shares at $1,862 based on the most recent closing price.
Stock Fundamentals for ASTI
Current profitability levels for the company are sitting at:
- -27.34 for the present operating margin
- -3.87 for the gross margin
The net margin for Ascent Solar Technologies Inc stands at -39.82. The total capital return value is set at 14.88. Equity return is now at value -1116.07, with -138.38 for asset returns.
Based on Ascent Solar Technologies Inc (ASTI), the company’s capital structure generated 6.35 points at debt to capital in total, while cash flow to debt ratio is standing at -1.92. The debt to equity ratio resting at -1.19. The interest coverage ratio of the stock is -14.15.
Currently, EBITDA for the company is -11.6 million with net debt to EBITDA at -0.32. When we switch over and look at the enterprise to sales, we see a ratio of 27.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.16.
Conclusion
In a nutshell, Ascent Solar Technologies Inc (ASTI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
