Ascent Solar Technologies Inc. (NASDAQ:ASTI) shares traded 0.79% higher at $1.28 on Wall Street last session.
In accordance with the data, 1 analysts cover Ascent Solar Technologies Inc. (NASDAQ:ASTI). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $300000000.00 and a low of $300000000.00, we find $300000000.00. Given the previous closing price of $1.27, this indicates a potential upside of 23622047144.09 percent. ASTI stock price is now -44.28% away from the 50-day moving average and -74.10% away from the 200-day moving average. The market capitalization of the company currently stands at $43.44M.
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It has been rated a hold by 1 analysts and a buy by 0. Brokers who have rated the stock have averaged $300000000.00 as their price target over the next twelve months.
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Insiders disposed of 2,307 shares of company stock worth roughly $2952.96 over the past 1 year. A total of 12.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ASTI stock. A new stake in Ascent Solar Technologies Inc. shares was purchased by WELLS FARGO & COMPANY/MN during the first quarter worth $1,000. In total, there are 4 active investors with 0.70% ownership of the company’s stock.
Ascent Solar Technologies Inc. (NASDAQ: ASTI) opened at $1.2900 on Thursday. During the past 12 months, Ascent Solar Technologies Inc. has had a low of $1.22 and a high of $25.00. As of last week, the company has a debt-to-equity ratio of 0.18, a current ratio of 1.00, and a quick ratio of 0.80. The fifty day moving average price for ASTI is $2.2970 and a two-hundred day moving average price translates $3.5128 for the stock.
The latest earnings results from Ascent Solar Technologies Inc. (NASDAQ: ASTI) was released for Jun, 2022. The company reported revenue of $6000.0 for the quarter, compared to $12000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -50.0 percent.
Ascent Solar Technologies Inc.(ASTI) Company Profile
Ascent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products for aerospace, defense, emergency management, and consumer/OEM applications. It offers outdoor solar chargers. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies. Ascent Solar Technologies, Inc. was incorporated in 2005 and is based in Thornton, Colorado.
