The market performance of Ascent Solar Technologies Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $94.99 on 01/02/24, while the lowest value for the same duration was $2.25 on 09/25/24.
52-week price history of ASTI Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Ascent Solar Technologies Inc’s current trading price is -95.80% away from its 52-week high, while its distance from the 52-week low is 77.33%. The stock’s price range during the 52-week period has remained between $2.25 and $94.99. In the Technology sector, the company’s shares saw a trading volume of around 0.98 million for the day, which was evidently higher than the average daily volume of 60530.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Ascent Solar Technologies Inc (ASTI) has experienced a quarterly rise of 55.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.67M and boasts a workforce of 18 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.05, with a change in price of -3.57. Similarly, Ascent Solar Technologies Inc recorded 97,109 in trading volume during the last 100 days, posting a change of -47.22%.
Examining ASTI’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ASTI stands at 0.75. Similarly, the long-term debt-to-equity ratio is also 0.49.
ASTI Stock Stochastic Average
Ascent Solar Technologies Inc’s raw stochastic average for the past 50 days is presently 80.09%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 79.23%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 65.60% and 45.70%, respectively.
ASTI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -95.41%.However, over the last six months, we can see a stronger performance of -58.78%. Over the last 30 days, the price of ASTI has fallen by 58.33%. And in the last five days, it has surged by 52.87%.
