Analyzing Ascent Solar Technologies Inc (ASTI)’s financial ratios for investment purposes

As of close of business last night, Ascent Solar Technologies Inc’s stock clocked out at $0.56, down -7.70% from its previous closing price of $0.61. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 19805988 shares were traded.

Ratios:

To gain a deeper understanding of ASTI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.27.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 01 when Forrest Reynolds T. bought 3,529 shares for $0.85 per share. The transaction valued at 3,000 led to the insider holds 58,243 shares of the business.

Forrest Reynolds T. bought 2,631 shares of ASTI for $2,999 on Oct 24. The Director now owns 54,714 shares after completing the transaction at $1.14 per share. On Sep 28, another insider, Forrest Reynolds T., who serves as the Director of the company, bought 52,083 shares for $2.88 each. As a result, the insider paid 149,999 and bolstered with 52,083 shares of the company.

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 2.31M and an Enterprise Value of 9.31M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.62. Its current Enterprise Value per Revenue stands at 19.89 whereas that against EBITDA is -0.67.

Stock Price History:

Over the past 52 weeks, ASTI has reached a high of $113.00, while it has fallen to a 52-week low of $0.59. The 50-Day Moving Average of the stock is 0.7728, while the 200-Day Moving Average is calculated to be 10.1304.

Shares Statistics:

It appears that ASTI traded 88.10K shares on average per day over the past three months and 90.66k shares per day over the past ten days. A total of 3.58M shares are outstanding, with a floating share count of 3.47M. Insiders hold about 8.66% of the company’s shares, while institutions hold 9.98% stake in the company. Shares short for ASTI as of Jan 31, 2024 were 57.74k with a Short Ratio of 0.66, compared to 65.22k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.70% and a Short% of Float of 1.84%.

Earnings Estimates

As of right now, 0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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