Ascent Solar Technologies (NASDAQ:ASTI) Posts 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. The company had revenue of $0.03 million during the quarter.

Ascent Solar Technologies Stock Performance

NASDAQ:ASTI opened at $1.70 on Tuesday. The stock has a market cap of $5.91 million, a price-to-earnings ratio of -0.46 and a beta of 3.52. Ascent Solar Technologies has a 1 year low of $1.10 and a 1 year high of $4.41. The business has a fifty day moving average of $2.07 and a 200-day moving average of $1.96.

Analyst Ratings Changes

ASTI has been the subject of a number of research reports. Wall Street Zen raised shares of Ascent Solar Technologies to a “sell” rating in a report on Saturday, August 9th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Ascent Solar Technologies in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Ascent Solar Technologies currently has a consensus rating of “Sell”.

About Ascent Solar Technologies

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.