Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Ascent Solar Technologies Inc (NASDAQ: ASTI) was $2.32 for the day, down -12.12% from the previous closing price of $2.64. In other words, the price has decreased by -$12.12 from its previous closing price. On the day, 0.9 million shares were traded. ASTI stock price reached its highest trading level at $2.58 during the session, while it also had its lowest trading level at $2.2.
Ratios:
Our analysis of ASTI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.50.
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 4788364 and an Enterprise Value of 4437449. For the stock, the TTM Price-to-Sale (P/S) ratio is 89.28 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 85.472 whereas that against EBITDA is -0.573.
Stock Price History:
The Beta on a monthly basis for ASTI is 2.41, which has changed by -0.7531915 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, ASTI has reached a high of $12.00, while it has fallen to a 52-week low of $1.10. The 50-Day Moving Average of the stock is 32.48%, while the 200-Day Moving Average is calculated to be 4.03%.
Shares Statistics:
ASTI traded an average of 2.12M shares per day over the past three months and 13200490 shares per day over the past ten days. A total of 1.93M shares are outstanding, with a floating share count of 1.92M. Insiders hold about 0.41% of the company’s shares, while institutions hold 0.70% stake in the company. Shares short for ASTI as of 1749772800 were 22853 with a Short Ratio of 0.01, compared to 1747267200 on 36256. Therefore, it implies a Short% of Shares Outstanding of 22853 and a Short% of Float of 1.4099999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0