Ascent Solar Technologies Stock Today
| ASTI Stock | USD 0.11 0.02 15.38% |
Performance0 of 100
| Odds Of DistressLess than 46
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Ascent Solar is trading at 0.11 as of the 19th of April 2024. This is a -15.38 percent decrease since the beginning of the trading day. The stock's open price was 0.13. Ascent Solar has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Ascent Solar Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 11th of July 2006 | Category Technology | Classification Information Technology |
Ascent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products for aerospace, defense, emergency management, and consumerOEM applications. Ascent Solar Technologies, Inc. was incorporated in 2005 and is based in Thornton, Colorado. The company has 19.37 M outstanding shares of which 662.2 K shares are presently shorted by private and institutional investors with about 0.94 trading days to cover. More on Ascent Solar Technologies
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Ascent Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ascent Solar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ascent Solar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Paul Warley | ||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Semiconductors & Semiconductor Equipment, Solar, Technology (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Ascent Solar report their recommendations after researching Ascent Solar's financial statements, talking to executives and customers, or listening in on Ascent Solar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ascent Solar Technologies. The Ascent consensus assessment is calculated by taking the average forecast from all of the analysts covering Ascent Solar. | |||||
Ascent Solar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ascent Solar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ascent Solar's financial leverage. It provides some insight into what part of Ascent Solar's total assets is financed by creditors.
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Ascent Solar Technologies (ASTI) is traded on NASDAQ Exchange in USA. It is located in 12300 Grant Street, Thornton, CO, United States, 80241 and employs 16 people. Ascent Solar is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.04 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ascent Solar's market, we take the total number of its shares issued and multiply it by Ascent Solar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ascent Solar Technologies conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 19.37 M outstanding shares of which 662.2 K shares are presently shorted by private and institutional investors with about 0.94 trading days to cover.
Ascent Solar Technologies currently holds about 429.27 K in cash with (9.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Ascent Solar Probability Of Bankruptcy
Ownership AllocationAscent Solar Technologies retains a total of 19.37 Million outstanding shares. Almost 96.0 percent of Ascent Solar outstanding shares are held by general public with 1.46 (percent) owned by insiders and only 2.07 % by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Ascent Ownership Details
Ascent Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Ascent Solar jumping above the current price in 90 days from now is roughly 96.0%. The Ascent Solar Technologies probability density function shows the probability of Ascent Solar stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.8538. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ascent Solar will likely underperform. Additionally, ascent Solar Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ascent Solar to move above the current price in 90 days from now is roughly 96.0 (This Ascent Solar Technologies probability density function shows the probability of Ascent Stock to fall within a particular range of prices over 90 days) .
Ascent Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Ascent Solar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ascent Solar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ascent Solar's value.| Instituion | Recorded On | Shares | |
| Fintrust Capital Advisors, Llc | 1.0 | ||
| Goss Wealth Management Llc | 2023-12-31 | 1.0 | |
| Ubs Group Ag | 2023-12-31 | 1.0 | |
| State Street Corporation | 2023-09-30 | 0.0 | |
| Warberg Asset Management Llc | 2023-12-31 | 0.0 | |
| Northern Trust Corp | 2023-09-30 | 0.0 | |
| Hartland & Co | 2023-12-31 | 0.0 | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 0.0 | |
| Citigroup Inc | 2023-12-31 | 0.0 | |
| Sabby Management Llc | 2023-12-31 | 359.4 K | |
| Virtu Financial Llc | 2023-12-31 | 21.5 K |
Ascent Solar Historical Income Statement
Ascent Solar Technologies Income Statement is one of the three primary financial statements used for reporting Ascent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ascent Solar Technologies revenue and expense. Ascent Solar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Ascent Solar's Non Operating Income Net Other is increasing as compared to previous years. View More FundamentalsAscent Stock Against Markets
Picking the right benchmark for Ascent Solar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ascent Solar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ascent Solar is critical whether you are bullish or bearish towards Ascent Solar Technologies at a given time. Please also check how Ascent Solar's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ascent Solar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Ascent Solar Corporate Executives
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 | Profile |
How to buy Ascent Stock?
Before investing in Ascent Solar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ascent Solar. To buy Ascent Solar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ascent Solar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ascent Solar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ascent Solar Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ascent Solar Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ascent Solar Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ascent Stock please use our How to Invest in Ascent Solar guide.
Already Invested in Ascent Solar Technologies?
The danger of trading Ascent Solar Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ascent Solar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ascent Solar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ascent Solar Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ascent Solar Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ascent Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ascent Solar Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ascent Solar Technologies Stock: 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.