Ascent Solar Technologies Inc. (NASDAQ:ASTI) currently has a daily average trading volume of 1.14M but it saw 851571 shares traded on Thursday. With a market cap of 5.29M USD, stock’s current market price of $0.15 came rising about 0.07 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.01 and as low as $0.14. In the recent trading on the day, stock has struck highest price mark of $0.1575 while lowest mark touched by it was $0.1404.
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Taking a look at 20-day trading activity of Ascent Solar Technologies Inc. (ASTI) gives us an average price of $0.2076, while its current price level is -99.19% below from 52-week high level whereas it is 3.42% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3032 while that of 200 days or SMA-200 reads an average of $2.4788. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.95% during that period while stretching the period over a month that increases to 14.75%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.24 which implies that the stock is in oversold territory.
Ascent Solar Technologies Inc. (ASTI)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $300000000.00 and $300000000.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $300000000.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $300000000.00. Average price target assigned by them is $300000000.00 which highlights an upside potential of 100.0% for the stock over that period. And to attain the median price target of $300000000.00 assigned by those analysts, stock has to add about 100.0% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold.
Over the week, ASTI’s stock price is moving -15.53% down while it is -40.59% when we observe its performance for the past one month. Year-to-date it is -91.09% down and over the past year, the stock is showing a downside performance of -97.74%.
The company is expected to be releasing its next quarterly report in 08/15/2023, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0.
Currently, Ascent Solar Technologies Inc.’s total number of outstanding shares is 35.57M with 84.79% of that held by the insiders while 0.34% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -167.20%. Stock’s beta reads 1.66. Stock has a price to sale or P/S ratio amounts to 4.41.
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