Streetbeat News

ASTI

Ascent Solar Technologies, Inc. Common Stock

https://www.ascentsolar.com

Industry

Solar

Ascent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products for aerospace, defense, emergency management, and consumer/OEM applications. It offers outdoor solar chargers. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies. Ascent Solar Technologies, Inc. was incorporated in 2005 and is based in Thornton, Colorado.

Open

2.76

Mkt cap

3.4M

Volume

23K

High

2.80

P/E Ratio

N/A

52-wk high

102.00

Low

2.57

Div yield

N/A

52-wk low

2.25

Several stocks experienced significant price movements in Friday's mid-day trading session. Blue Apron Holdings (APRN) surged 133.5% after announcing an acquisition agreement with Wonder Group. OpGen (OPGN) jumped 109% after requesting to withdraw its registration statement. Novo Integrated Sciences (NVOS) gained 66.3% after signing a $1 billion Master Collateral Transfer Agreement with Blacksheep Trust. SeaStar Medical Holding (ICU) rose 35% after being granted Breakthrough Device Designation by the FDA. On the downside, The Glimpse Group (VRAR) dipped 42.5% after reporting a wider FY23 loss, and Capricor Therapeutics (CAPR) fell 41.4% after announcing a $23 million registered direct offering.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 6:10 pm

During Friday's session, 112 companies set new 52-week lows. The largest company by market cap to set a new 52-week low was Hershey (HSY), while the smallest was Ascent Solar Technologies (ASTI). TOP Ships (TOPS) saw the most significant drop, with its stock falling 1028.56% to reach a new 52-week low. Quest Diagnostics (DGX) shares were the most resilient, rising 0.0% from its new 52-week low.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 6:09 pm

During Friday's intraday session, several information technology stocks experienced significant movements. MicroAlgo, MMTEC, Semantix, Airspan Networks Hldgs, TROOPS, and Strong Global saw increases in their share prices, while Glimpse Group, Presto Automation, Ostin Technology Group, Opera, Ascent Solar Technologies, and Sigma Additive Solutions experienced declines. Glimpse Group's Q4 earnings were released the previous day.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:31 pm

U.S. stocks traded higher with the Dow Jones gaining over 100 points and the NASDAQ rising 0.95%. Accenture's shares fell more than 4% after reporting mixed Q4 results and weak FY24 adjusted EPS guidance. Bionomics, Baudax Bio, and Chico's FAS saw their shares rise significantly due to positive trial results, FDA designation, and acquisition news respectively. Ascent Solar Technologies, Brainstorm Cell Therapeutics, and Renalytix saw their shares drop due to public offering pricing, negative FDA Advisory Committee vote, and weak sales and guidance respectively.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 6:30 pm

During Thursday's intraday session, several information technology stocks experienced significant movements. Akerna (KERN), Jabil (JBL), MicroAlgo (MLGO), AmpliTech Gr (AMPG), Greenidge Generation Hldg (GREE), and Porch Group (PRCH) saw gains, while Ascent Solar Technologies (ASTI), Genasys (GNSS), NiSun Intl Enterprise Dev (NISN), Opera (OPRA), Oblong (OBLG), and Workday (WDAY) experienced losses.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 5:30 pm

The article lists the stocks that gained and lost the most during Thursday's mid-day trading session. Notable gainers include Bionomics Limited (BNOX), Baudax Bio, Inc. (BXRX), and Chico's FAS, Inc. (CHS), while significant losers include Ascent Solar Technologies, Inc. (ASTI), Capstone Green Energy Corporation (CGRN), and Brainstorm Cell Therapeutics Inc. (BCLI).

Portfolio Pulse from Lisa Levin

September 28, 2023 | 5:04 pm

U.S. stocks traded higher with the Nasdaq Composite gaining 1%. CarMax Inc reported weaker-than-expected earnings for its second quarter with a revenue decline of 13.2% YoY to $7.07 billion. Bionomics Limited shares shot up 247% after the ATTUNE trial met its primary endpoint. Baudax Bio, Inc. shares boosted by 86% after the FDA granted orphan drug designation for TI-168. Chico's FAS, Inc. shares were up by 62% following its acquisition by Sycamore Partners. Ascent Solar Technologies, Inc. shares dropped 62% after announcing pricing of a public offering of units. Brainstorm Cell Therapeutics Inc. shares were down 54% after the FDA Advisory Committee voted that NurOwn did not demonstrate substantial evidence of effectiveness for ALS treatment. GigaCloud Technology Inc. fell 26% after Culper Research issued a short report on the stock.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 3:53 pm

US stocks traded higher with the Dow Jones gaining around 80 points. Jobless claims rose by 2,000 to 204,000, lower than market expectations of 215,000. Bionomics Limited (BNOX), Baudax Bio, Inc. (BXRX), and Chico's FAS, Inc. (CHS) saw significant stock increases due to positive news, while Ascent Solar Technologies, Inc. (ASTI), Brainstorm Cell Therapeutics Inc. (BCLI), and Renalytix Plc (RNLX) experienced stock decreases due to negative news.

Portfolio Pulse from Lisa Levin

September 28, 2023 | 2:16 pm

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) shares dropped by 61% after the company announced the pricing of a public offering of units. The company launched a 'best efforts' public offering of 3,572,635 units at $2.88 per unit. Each unit consists of either one share of common stock or a prefunded warrant to purchase a share of common stock, along with a common warrant to purchase a share of common stock.

Portfolio Pulse from Henry Khederian

September 28, 2023 | 2:14 pm

In Thursday's pre-market session, several IT stocks showed significant movement. Inpixon, WaveDancer, Alpine 4 Holdings, ZeroFox Holdings, CXApp, and Actelis Networks saw gains, while Ascent Solar Technologies, Genasys, Trio-Tech Intl, Workday, Opera, and Accenture experienced losses. Trio-Tech Intl and Accenture's losses followed their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:05 pm

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