Market cap of Ascent Solar Technologies Inc [ASTI] reaches 6.85M – now what?

Caleb Clifford

Ascent Solar Technologies Inc [NASDAQ: ASTI] surged by $0.3 during the normal trading session on Wednesday and reaching a high of $2.4 during the day while it closed the day at $2.25.

Ascent Solar Technologies Inc stock has also gained 24.31% of its value over the past 7 days. However, ASTI stock has inclined by 42.41% in the 3 months of the year. Over the past six months meanwhile, it has gained 19.68% and lost -24.37% year-on date.

The market cap for ASTI stock reached $6.85 million, with 3.05 million shares outstanding and 2.78 million shares in the current float. Compared to the average trading volume of 2.56M shares, ASTI reached a trading volume of 17559780 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Ascent Solar Technologies Inc [ASTI]:

The Price to Book ratio for the last quarter was 1.76, with the Price to Cash per share for the same quarter was set at 0.97.

ASTI stock trade performance evaluation

Ascent Solar Technologies Inc [ASTI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.31. With this latest performance, ASTI shares dropped by -5.86% in over the last four-week period, additionally plugging by 19.68% over the last 6 months – not to mention a drop of -31.19% in the past year of trading.

Ascent Solar Technologies Inc [ASTI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Ascent Solar Technologies Inc [ASTI] shares currently have an operating margin of -18333.60% and a Gross Margin at -1635.99%. Ascent Solar Technologies Inc’s Net Margin is presently recorded at -16821.93%.

Ascent Solar Technologies Inc (ASTI) Capital Structure & Debt Analysis

According to recent financial data for Ascent Solar Technologies Inc. ( ASTI), the Return on Equity (ROE) stands at -181.54%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -81.27%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Ascent Solar Technologies Inc’s Return on Invested Capital (ROIC) is -151.39%, showcasing its effectiveness in deploying capital for earnings.

Ascent Solar Technologies Inc (ASTI) Efficiency & Liquidity Metrics

Based on Ascent Solar Technologies Inc’s (ASTI) latest financial statements, the Debt-to-Equity Ratio is 0.51%, indicating its reliance on debt financing relative to shareholder equity.

Ascent Solar Technologies Inc (ASTI) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Ascent Solar Technologies Inc. (ASTI) effectively leverages its workforce, generating an average of -$346000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.62% and a Quick Ratio of 1.42%, indicating strong ability to cover short-term liabilities.

Ascent Solar Technologies Inc [ASTI]: Institutional Ownership

There are presently around $0.75%, or 0.83%% of ASTI stock, in the hands of institutional investors.

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