Market Update: Ascent Solar Technologies Inc (ASTI) Sees Negative Movement, Closing at 3.13

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In the latest session, Ascent Solar Technologies Inc (NASDAQ: ASTI) closed at $3.13 down -3.69% from its previous closing price of $3.25. In other words, the price has decreased by -$3.69 from its previous closing price. On the day, 99039.0 shares were traded. ASTI stock price reached its highest trading level at $3.4099 during the session, while it also had its lowest trading level at $3.11.

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 1.41 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.42.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3203398 and an Enterprise Value of 602168. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.82 while its Price-to-Book (P/B) ratio in mrq is 74.49. Its current Enterprise Value per Revenue stands at 2.263 whereas that against EBITDA is -0.072.

Stock Price History:

Over the past 52 weeks, ASTI has reached a high of $1303.94, while it has fallen to a 52-week low of $2.70. The 50-Day Moving Average of the stock is -60.62%, while the 200-Day Moving Average is calculated to be -91.91%.

Shares Statistics:

For the past three months, ASTI has traded an average of 164.84K shares per day and 194540 over the past ten days. Insiders hold about 0.61% of the company’s shares, while institutions hold 0.92% stake in the company. Shares short for ASTI as of 1723680000 were 38701 with a Short Ratio of 0.03, compared to 1721001600 on 6800. Therefore, it implies a Short% of Shares Outstanding of 38701 and a Short% of Float of 3.7900000000000005.

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