Ascent Solar Technologies Inc (ASTI)

[Thudmother]

Panic or hold? Looks to me like the company is on life support and in the intensive care unit, but the patient is still alive.

Source: www.streetupdates.com/2016/05/13/recent-price-moves-of-shares-ascent-solar-technologies-inc-nasdaqasti-baidu-inc-nasdaqbidu/


"On 5/12/2016, shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) fell -8.5954% in trading session and finally closed at $0.0436. The company most recent volume stood at 12.34 million shares as compared to average volume of 13.23 million shares. Over the one year trading period, the stock has a high price of $1.6600 and its low price is recorded at $0.0399. The company has a market cap of $9.44M.

During the last trading period, the peak price level of the share was $0.0500; it means it is top price of day and down price level of the share was $0.0399; it means minimum price of the day at which price share traded.

The year-to-date performance of the company stands at 42.56% with decrease of -16.15% in the last week.

Ascent Solar declared FIRST QUARTER 2016 Financial Results; EnerPlex Products Retail Footprint Over Doubles Including Over 1,000 Verizon Wireless Retail Locations Nationwide.

Total net revenue for the first quarter of 2016 was $710,000, compared to $658,000 stated for the same period last year, which was an raise of about 8%. More importantly, net revenue for the period included $687,000 of product sales, compared to $533,000 for the three months ended March 31, 2015, representing a healthy raise of $154,000, or about 29%. The raise in product sales is a result of the Company’s expanded sales channels, growing acceptance of its product offerings, and raised recognition of the EnerPlex brand. Revenue from government research and development contracts reduced by $101,000 during the three months ended March 31, 2016 to $23,000."