Ascent Solar Technologies Inc (NASDAQ: ASTI) 52-Week High Located At $24.36, Forget The Dips, Just Ride The Rips

Ascent Solar Technologies Inc (NASDAQ:ASTI) does about 25.13M shares in volume on a normal day but saw 6730765 shares change hands in Friday trading. The company now has a market cap of 2.84M USD. Its current market price is $0.09, marking a decrease of -1.28% compared to the previous close of $0.09. The 52 week high reached by this stock is $24.36 whilst the lowest price level in 52 weeks is $0.09.

Ascent Solar Technologies Inc (ASTI) has a 20-day trading average at $0.1037 and the current price is -99.62% off the 52-week high compared with 2.78% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1139 and its 200-day simple moving average is $0.7862. If we look at the stock’s price movements over the week, volatility stands at 8.19%, which increases to 12.19% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 40.49 to suggest the stock is neutral.

The consensus objective for the share price is $60.00, suggesting that the stock has a potential upside of 99.85% over the period.

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Ascent Solar Technologies Inc (ASTI) stock is down -11.06% over the week and -29.17% over the past month. Its price is -89.37% year-to-date and -99.61% over the past year.

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To reach the target analysts have set, the stock logically needs to grow 99.85 percent from here.

The company has a return on equity of -1116.07%. The beta has a value of 2.57. Price to sales ratio is 8.36.

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