Ascent Solar Technologies (NASDAQ:ASTI) Issues Quarterly Earnings Results

Ascent Solar Technologies (NASDAQ:ASTI) posted its quarterly earnings results on Monday. The company reported ($0.62) earnings per share (EPS) for the quarter, Zacks reports.

Ascent Solar Technologies Stock Performance

Shares of ASTI stock traded up $0.08 on Monday, reaching $1.70. 130,859 shares of the company’s stock traded hands, compared to its average volume of 937,218. The company has a market capitalization of $5.91 million, a P/E ratio of -0.46 and a beta of 3.52. Ascent Solar Technologies has a 12-month low of $1.10 and a 12-month high of $4.41. The business’s 50 day moving average price is $2.08 and its two-hundred day moving average price is $1.96.

Analyst Ratings Changes

A number of brokerages recently issued reports on ASTI. Wall Street Zen upgraded Ascent Solar Technologies to a “sell” rating in a report on Saturday, August 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of Ascent Solar Technologies in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Ascent Solar Technologies has a consensus rating of “Sell”.

Ascent Solar Technologies Company Profile

Ascent Solar Technologies, Inc, a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles.