Market Momentum: Ascent Solar Technologies Inc (ASTI) Registers a -3.93 Decrease, Closing at 0.09

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Ascent Solar Technologies Inc (NASDAQ: ASTI) closed the day trading at $0.09 down -3.93% from the previous closing price of $0.10. In other words, the price has decreased by -$3.93 from its previous closing price. On the day, 6.24 million shares were traded. ASTI stock price reached its highest trading level at $0.0967 during the session, while it also had its lowest trading level at $0.0901.

Ratios:

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

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 02 ’24 when Peterson David Theodore JR bought 66,000 shares for $0.09 per share. The transaction valued at 6,178 led to the insider holds 108,152 shares of the business.

Warley Paul P. bought 15,000 shares of ASTI for $1,862 on Apr 12 ’24. The Chief Executive Officer now owns 246,538 shares after completing the transaction at $0.12 per share. On Nov 01 ’23, another insider, Forrest Reynolds T., who serves as the Director of the company, bought 3,529 shares for $0.85 each. As a result, the insider paid 3,000 and bolstered with 58,243 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 8993612 and an Enterprise Value of 5697521. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.41. Its current Enterprise Value per Revenue stands at 16.775 whereas that against EBITDA is -0.62.

Stock Price History:

The Beta on a monthly basis for ASTI is 2.58, which has changed by -0.9960256 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, ASTI has reached a high of $24.96, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -18.69%, while the 200-Day Moving Average is calculated to be -89.74%.

Shares Statistics:

Over the past 3-months, ASTI traded about 24.97M shares per day on average, while over the past 10 days, ASTI traded about 22388400 shares per day. 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 1718323200 were 482908 with a Short Ratio of 0.02, compared to 1715731200 on 638883. Therefore, it implies a Short% of Shares Outstanding of 482908 and a Short% of Float of 0.53.

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