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.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
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.
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.
Leave a Reply