Ascent Solar Technologies Inc (NASDAQ:ASTI) shares, rose in value on Thursday, March 27, with the stock price up by 4.68% to the previous day’s close as strong demand from buyers drove the stock to $1.79.
Actively observing the price movement in the last trading, the stock closed the session at $1.71, falling within a range of $1.695 and $1.79. The value of beta (5-year monthly) was 2.409. Referring to stock’s 52-week performance, its high was $42.00, and the low was $1.50. On the whole, ASTI has fluctuated by -10.95% over the past month.
With the market capitalization of Ascent Solar Technologies Inc currently standing at about $2.37 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2014-May-06.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ASTI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ASTI currently trading nearly 0.16% and -15.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.30, while the 7-day volatility ratio is showing 5.91% which for the 30-day chart, stands at 8.44%. Furthermore, Ascent Solar Technologies Inc (ASTI)’s beta value is 2.70, and its average true range (ATR) is 0.16.
A comparison of Ascent Solar Technologies Inc (ASTI) with its peers suggests the former has fared considerably weaker in the market. ASTI showed an intraday change of 4.68% in last session, and over the past year, it shrunk by -95.37%%.
Data on historical trading for Ascent Solar Technologies Inc (NASDAQ:ASTI) indicates that the trading volumes over the past 10 days have averaged 0.15 and over the past 3 months, they’ve averaged 57.88K. According to company’s latest data on outstanding shares, there are 1.32 million shares outstanding.
Nearly 0.41% of Ascent Solar Technologies Inc’s shares belong to company insiders and institutional investors own 2.67% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 60982.0 shares as on 2025-03-14, resulting in a short ratio of 3.49. According to the data, the short interest in Ascent Solar Technologies Inc (ASTI) stood at 461.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 45708.0. The stock has fallen by -45.26% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ASTI stock heading into the next quarter.
