Amit Kumar - Ascent Solar Independent Chairman of the Board
| ASTI Stock | USD 0.11 0.02 15.38% |
Chairman
Dr. Amit Kumar, Ph.D., is an Independent Chairman of the Board of Ascent Solar Technologies Inc., since January 1, 2011. Dr. Kumar is currently Vice Chairman of ITUS Corporation and Executive Chairman and CEO of Anixa Diagnostics Corporationrationration, both operating in the area of cancer research. From December 2010 to June 2016 Dr. Kumar was CEO of Geo Fossil Fuels, LLC, a privately held Energy company. From September 2001 until June 30, 2010, Dr. Kumar was President and CEO of CombiMatrix Corporation . Previously, Dr. Kumar was Vice President of Life Sciences of Acacia Research Corporationration. From January 1999 to February 2000, Dr. Kumar was the founding President and Chief Executive Officer of Signature BioSciences, Inc., a life science company developing technology for advanced research in genomics, proteomics and drug discovery. From January 1998 to December 1999, Dr. Kumar was an Entrepreneur in Residence with Oak Investment Partners, a VC firm. From October 1996 to January 1998, Dr. Kumar was a Senior Manager at IDEXX Laboratories, Inc., a biotechnology company. From October 1993 to September 1996, Dr. Kumar was Head of Research Development for Idetek Corporationrationration, which was later acquired by IDEXX Laboratories, Inc. Dr. Kumar received his B.S. degree in chemistry from Occidental College. After joint studies at Stanford University and the California Institute of Technology, he received his Ph.D. in Chemistry from Caltech in 1991. He also completed a postdoctoral fellowship at Harvard University in 1993. Dr. Kumar has authored and coauthored over 40 peerreviewed publications and holds a dozen patents. Dr. Kumar brings significant leadership experience as well as experience in photovoltaic research including work on energy conversion using cells made from silicon, gallium arsenide, indium phosphide, metal oxides and other materials. Dr. Kumar is a member of the Board of Directors of Aeolus Pharmaceuticals. since 2011.
| Age | 53 |
| Tenure | 13 years |
| Address | 12300 Grant Street, Thornton, CO, United States, 80241 |
| Phone | 720 872 5000 |
| Web | https://ascentsolar.com |
Amit Kumar Latest Insider Activity
Tracking and analyzing the buying and selling activities of Amit Kumar against Ascent Solar stock is an integral part of due diligence when investing in Ascent Solar. Amit Kumar insider activity provides valuable insight into whether Ascent Solar is net buyers or sellers over its current business cycle. Note, Ascent Solar insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ascent Solar'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Amit Kumar over three weeks ago Acquisition by Amit Kumar of 1000000 shares of Anixa Biosciences at 2.83 subject to Rule 16b-3 |
Ascent Solar Management Efficiency
The company has return on total asset (ROA) of (0.6186) % which means that it has lost $0.6186 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (11.1607) %, meaning that it created substantial loss on money invested by shareholders. Ascent Solar's management efficiency ratios could be used to measure how well Ascent Solar manages its routine affairs as well as how well it operates its assets and liabilities. The Ascent Solar's current Return On Equity is estimated to increase to 11.74, while Return On Tangible Assets are projected to decrease to (2.61). As of now, Ascent Solar's Net Tangible Assets are decreasing as compared to previous years. The Ascent Solar's current Debt To Assets is estimated to increase to 0.67, while Total Assets are projected to decrease to under 6.6 M.Similar Executives
| Found 4 records | CHAIRMAN Age | ||
| William Berger | Sunnova Energy International | 50 | |
| Jeppe Christiansen | Sunnova Energy International | 55 | |
| Edward Fenster | Sunrun Inc | 47 | |
| Goran Ando | Sunnova Energy International | 66 | |
Management Performance
| Return On Equity | -11.16 | ||||
| Return On Asset | -0.62 |
Ascent Solar Technologies Leadership Team
Elected by the shareholders, the Ascent Solar's board of directors comprises two types of representatives: Ascent Solar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ascent. The board's role is to monitor Ascent Solar's management team and ensure that shareholders' interests are well served. Ascent Solar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ascent Solar's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rafael Gutierrez, COO and Sr. VP | ||
| Amit Kumar, Independent Chairman of the Board | ||
| Michael Gilbreth, CFO Officer | ||
| Joseph Kigin, Business Sales | ||
| Thomas Marsh, Independent Director | ||
| Jeffrey Max, CEO Pres | ||
| Kim Huntley, Independent Director | ||
| Paul Warley, CEO President | ||
| Bobby Gulati, Chief Officer | ||
| Brion Tanous, Investor Relations Contact Officer | ||
| Brandon Mendoza, Sr Transformation | ||
| Joseph Armstrong, CTO Founder | ||
| Adam Holdsworth, Managing Group | ||
| Kong Lee, CEO and President Interim Principal Financial Officer and Director | ||
| Jin Jo, Chief Officer | ||
| Biao Xu, Director |
Ascent Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ascent Solar a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -11.16 | ||||
| Return On Asset | -0.62 | ||||
| Operating Margin | (649.21) % | ||||
| Current Valuation | 2.51 M | ||||
| Shares Outstanding | 19.37 M | ||||
| Shares Owned By Insiders | 1.46 % | ||||
| Shares Owned By Institutions | 2.07 % | ||||
| Number Of Shares Shorted | 662.2 K | ||||
| Price To Book | 59.26 X | ||||
| Price To Sales | 1.91 X |
Pair Trading with Ascent Solar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ascent Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ascent Solar will appreciate offsetting losses from the drop in the long position's value.Moving together with Ascent Stock
| 0.67 | INTC | Intel Earnings Call This Week | PairCorr |
Moving against Ascent Stock
| 0.87 | PSTG | Pure Storage Financial Report 29th of May 2024 | PairCorr |
| 0.85 | WDC | Western Digital Earnings Call This Week | PairCorr |
| 0.81 | NVMI | Nova Financial Report 9th of May 2024 | PairCorr |
| 0.8 | KLAC | KLA Tencor Earnings Call This Week | PairCorr |
| 0.79 | LRCX | Lam Research Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Ascent Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascent Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ascent Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ascent Solar Technologies to buy it.
The correlation of Ascent Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ascent Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascent Solar Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ascent Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascent Solar Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Ascent Stock analysis
When running Ascent Solar's price analysis, check to measure Ascent Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ascent Solar is operating at the current time. Most of Ascent Solar's value examination focuses on studying past and present price action to predict the probability of Ascent Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascent Solar's price. Additionally, you may evaluate how the addition of Ascent Solar to your portfolios can decrease your overall portfolio volatility.
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Is Ascent Solar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ascent Solar. If investors know Ascent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ascent Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share (34.19) | Revenue Per Share 0.447 | Quarterly Revenue Growth (0.78) | Return On Assets (0.62) |
The market value of Ascent Solar Technologies is measured differently than its book value, which is the value of Ascent that is recorded on the company's balance sheet. Investors also form their own opinion of Ascent Solar's value that differs from its market value or its book value, called intrinsic value, which is Ascent Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ascent Solar's market value can be influenced by many factors that don't directly affect Ascent Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ascent Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascent Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascent Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.