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

Momentus Inc. (NASDAQ:MNTS) and Ascent Solar Technologies (NASDAQ:ASTI) announced a partnership to market solar arrays for satellites, combining Momentus's Tape Spring Solar Array (TASSA) technology with Ascent's flexible photovoltaic modules. The partnership aims to address the growing demand for low-cost, high-performance solar arrays in space, leveraging the success of the TASSA demonstration on the Vigoride-6 mission. The next iteration of TASSA will feature higher efficiency solar blankets from ASTI, designed to provide significant power at low cost, mass, and volume, and improve satellite packing efficiencies for quicker, cheaper constellation deployment.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 2:05 pm

U.S. stocks declined, with the S&P 500 down 1%. Delta Air Lines reported better-than-expected Q1 earnings, with an 8% revenue growth. Energy shares rose by 0.3%, while real estate shares fell by 4.3%. Marin Software, Adial Pharmaceuticals, and Jaguar Health saw significant stock increases, whereas VIA optronics, Ascent Solar Technologies, and Velo3D experienced notable declines.

Portfolio Pulse from Avi Kapoor

April 10, 2024 | 6:34 pm

Ascent Solar Technologies, Inc. (ASTI) shares fell by 50% after announcing a $6 million public offering at $0.14 per share. Other stocks experienced significant movements, with Marin Software (MRIN) and Adial Pharmaceuticals (ADIL) among the top gainers, while VIA optronics (VIAO) and Velo3D, Inc. (VLD) led the losers.

Portfolio Pulse from Avi Kapoor

April 10, 2024 | 6:07 pm

In Wednesday's intraday session, several Information Technology stocks experienced significant movements. Marin Software led the gainers with a 147.9% increase, while Ascent Solar Technologies saw the largest drop among the losers, decreasing by 50.5%. Other notable movers include Infobird Co and Nano Labs with substantial gains, and VIA optronics and SMART Global Holdings among the losers.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 4:31 pm

U.S. stocks traded lower, with the Dow Jones index falling over 500 points. Energy shares fell by 0.3%, while real estate shares tumbled by 4.1%. U.S. crude oil inventories increased more than expected. Marin Software's shares jumped 146% after announcing upgrades with Microsoft Advertising. Adial Pharmaceuticals surged 66% following a positive article on AD04. Jaguar Health gained 37% after a successful stockholder meeting. VIA optronics, Ascent Solar Technologies, and Velo3D saw significant drops after various announcements.

Portfolio Pulse from Avi Kapoor

April 10, 2024 | 4:15 pm

Ascent Solar Technologies, Inc. (ASTI) shares plummeted by 50% to $0.14 after announcing a $6 million public offering at the same price per share. The offering includes prefunded warrants exercisable at $0.0001 per share, with Dawson James Securities as the placement agent. The article also provides guidance on buying ASTI stock or betting against it, noting ASTI's 52-week high of $80.00 and low of $0.13.

Portfolio Pulse from Henry Khederian

April 10, 2024 | 4:12 pm

Ascent Solar Technologies announced a $6 million public offering priced at $0.14 per share, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 1:06 pm

Ascent Solar Technologies has announced the pricing of a $6 million public offering of its shares at $0.14 per share. This move is aimed at raising capital for the company.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:51 pm

PriceSmart, Inc. (NASDAQ:PSMT) shares rose by approximately 5% in pre-market trading after reporting Q2 earnings of $1.31 per share, surpassing estimates of $1.25 per share, with sales of $1.29 billion against expected $1.28 billion. Other stocks also showed significant movement in pre-market trading, with notable gainers including Marin Software, iCoreConnect, and Nano Labs, and losers such as FutureFuel Corp, Destiny Tech100, and PainReform Ltd.

Portfolio Pulse from Avi Kapoor

April 10, 2024 | 12:12 pm

In Wednesday's pre-market session, 12 Information Technology stocks showed significant movement. Notably, Marin Software (MRIN) surged by 85.7%, while Ascent Solar Technologies (ASTI) plummeted by 50.6%. Other notable movers include Nano Labs (NA) and VIA optronics (VIAO), with substantial gains and losses respectively.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:09 pm

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