Deeper Dive: Understanding Ascent Solar Technologies Inc (ASTI) Through its Various Ratios

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The price of Ascent Solar Technologies Inc (NASDAQ: ASTI) closed at $0.10 in the last session, down -2.69% from day before closing price of $0.11. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 128.34 million shares were traded. ASTI stock price reached its highest trading level at $0.1418 during the session, while it also had its lowest trading level at $0.1022.

Ratios:

We take a closer look at ASTI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.08 and its Current Ratio is at 0.16.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 12 ’24 when Warley Paul P. bought 15,000 shares for $0.12 per share. The transaction valued at 1,862 led to the insider holds 246,538 shares of the business.

Forrest Reynolds T. bought 3,529 shares of ASTI for $3,000 on Nov 01 ’23. The Director now owns 58,243 shares after completing the transaction at $0.85 per share. On Oct 24 ’23, another insider, Forrest Reynolds T., who serves as the Director of the company, bought 2,631 shares for $1.14 each. As a result, the insider paid 2,999 and bolstered with 54,714 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 9755466 and an Enterprise Value of 6066347. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.49. Its current Enterprise Value per Revenue stands at 17.861 whereas that against EBITDA is -0.66.

Stock Price History:

The Beta on a monthly basis for ASTI is 2.57, which has changed by -0.99543476 over the last 52 weeks, in comparison to a change of 0.26238096 over the same period for the S&P500. Over the past 52 weeks, ASTI has reached a high of $29.40, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -10.33%, while the 200-Day Moving Average is calculated to be -91.69%.

Shares Statistics:

According to the various share statistics, ASTI traded on average about 21.77M shares per day over the past 3-months and 19318600 shares per day over the past 10 days. A total of 30.74M shares are outstanding, with a floating share count of 30.26M. Insiders hold about 1.56% of the company’s shares, while institutions hold 0.31% stake in the company. Shares short for ASTI as of 1715731200 were 638883 with a Short Ratio of 0.06, compared to 1713139200 on 1004469. Therefore, it implies a Short% of Shares Outstanding of 638883 and a Short% of Float of 2.09.

Earnings Estimates

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.

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