Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Ascent Solar Technologies Inc (NASDAQ: ASTI) closed at $1.57 up 2.61% from its previous closing price of $1.53. In other words, the price has increased by $2.61 from its previous closing price. On the day, 55014.0 shares were traded. ASTI stock price reached its highest trading level at $1.6 during the session, while it also had its lowest trading level at $1.4569.
Ratios:
For a deeper understanding of Ascent Solar Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.37.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASTI now has a Market Capitalization of 5462264 and an Enterprise Value of 4984196. For the stock, the TTM Price-to-Sale (P/S) ratio is 90.98 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 81.529 whereas that against EBITDA is -0.695.
Stock Price History:
The Beta on a monthly basis for ASTI is 2.82, which has changed by -0.4269663 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, ASTI has reached a high of $4.41, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is -21.07%, while the 200-Day Moving Average is calculated to be -16.60%.
Shares Statistics:
For the past three months, ASTI has traded an average of 828.85K shares per day and 92710 over the past ten days. A total of 3.48M shares are outstanding, with a floating share count of 3.47M. Insiders hold about 0.16% of the company’s shares, while institutions hold 6.49% stake in the company. Shares short for ASTI as of 1763078400 were 324514 with a Short Ratio of 0.39, compared to 1760486400 on 263546. Therefore, it implies a Short% of Shares Outstanding of 324514 and a Short% of Float of 9.879999999999999.
