In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Ascent Solar Technologies Inc’s stock clocked out at $0.10, up 3.11% from its previous closing price of $0.10. In other words, the price has increased by $3.11 from its previous closing price. On the day, 1.88 million shares were traded. ASTI stock price reached its highest trading level at $0.1053 during the session, while it also had its lowest trading level at $0.1.
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 ’23 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 ’23. The Director now owns 54,714 shares after completing the transaction at $1.14 per share. On Sep 28 ’23, 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 2251327 and an Enterprise Value of 2480300. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.32. Its current Enterprise Value per Revenue stands at 5.412 whereas that against EBITDA is -0.202.
Stock Price History:
The Beta on a monthly basis for ASTI is 2.40, which has changed by -0.9979592 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, ASTI has reached a high of $62.00, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -65.32%, while the 200-Day Moving Average is calculated to be -97.10%.
Shares Statistics:
It appears that ASTI traded 1.38M shares on average per day over the past three months and 1450350 shares per day over the past ten days. A total of 19.37M shares are outstanding, with a floating share count of 16.98M. Insiders hold about 12.35% of the company’s shares, while institutions hold 2.07% stake in the company. Shares short for ASTI as of 1713139200 were 1004469 with a Short Ratio of 0.73, compared to 1710460800 on 575975. Therefore, it implies a Short% of Shares Outstanding of 1004469 and a Short% of Float of 5.2199997.
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.
