The stock of Ascent Solar Technologies Inc. (NASDAQ:ASTI) last traded at $0.06, down -10.94% from the previous session.
Data from the available sources indicates that Ascent Solar Technologies Inc. (NASDAQ:ASTI) is covered by 1 analysts. 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 $0.06, this indicates a potential upside of 499999999900.0 percent. ASTI stock price is now -37.33% away from the 50-day moving average and -93.30% away from the 200-day moving average. The market capitalization of the company currently stands at $3.74M.
In total, 1 analysts have assigned it a hold rating, and 0 have given it a buy rating. Brokers who have rated the stock have averaged $300000000.00 as their price target over the next twelve months.
Insiders disposed of 8,000,000 shares of company stock worth roughly $0.48 million 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 SABBY MANAGEMENT, LLC during the first quarter worth $33,000. CUBIST SYSTEMATIC STRATEGIES, LLC invested $2,000 in shares of ASTI during the first quarter. In the first quarter, TWO SIGMA SECURITIES, LLC acquired a new stake in Ascent Solar Technologies Inc. valued at approximately $1,000. In total, there are 25 active investors with 0.70% ownership of the company’s stock.
With an opening price of $0.0621 on Monday morning, Ascent Solar Technologies Inc. (NASDAQ: ASTI) set off the trading day. During the past 12 months, Ascent Solar Technologies Inc. has had a low of $0.05 and a high of $8.88. The fifty day moving average price for ASTI is $0.0898 and a two-hundred day moving average price translates $0.8367 for the stock.
The latest earnings results from Ascent Solar Technologies Inc. (NASDAQ: ASTI) was released for Jun, 2023. The company reported revenue of $0.1 million for the quarter, compared to $0.64 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -84.17 percent.
Ascent Solar Technologies Inc.(ASTI) Company Profile
Ascent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products for agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles applications. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. Ascent Solar Technologies, Inc. was incorporated in 2005 and is headquartered in Thornton, Colorado.
