Ascent Solar Technologies Inc (ASTI)

[overlordpeter]

It has launched second version of Surfr for the Samsung Galaxy S III, which provides 85% additional battery life.

Company Shares of Ascent Solar Technologies (NASDAQ:ASTI) Drops by -25.17%

Ascent Solar Technologies (NASDAQ:ASTI) : During the past 4 weeks, traders have been relatively bearish on Ascent Solar Technologies (NASDAQ:ASTI), hence the stock is down -63.92% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -26.12% relative to the S&P 500. The 4-week change in the price of the stock is -63.33% and the stock has fallen -25.17% in the past 1 week.

The company shares have dropped -96.00% from its 1 Year high price. On Mar 5, 2015, the shares registered one year high at $1.66 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $0.09 and the 200 Day Moving Average price is recorded at $0.16.

Ascent

Ascent Solar Technologies (NASDAQ:ASTI): On Fridays trading session , Opening price of the stock was $0.062235 with an intraday high of $0.065. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.0485. However, the stock managed to close at $0.055, a loss of 13.39% for the day. On the previous day, the stock had closed at $0.0635. The total traded volume of the day was 2,627,550 shares.

Ascent Solar Technologies, Inc. is engaged in commercializing e photovoltaic (PV) modules using its thin film technology. The Companys manufacturing process deposits multiple layers of materials, including a thin film of copper-indium-gallium-diselenide (CIGS) semiconductor material, on a plastic substrate using a roll-to-roll manufacturing process and then laser patterns the layers to create interconnected PV cells or PV modules, in a process known as monolithic integration. It has launched its new line of consumer products under the EnerPlex brand, and introduced its first product, the Surfr, a battery and a solar case for the Apple iPhone 4/4S smart phone featuring its CIGS thin film technology integrated directly into the case. The case incorporates its PV module into a sleek, protective iPhone 4/4S case, along with a thin, life extending, battery. It has launched second version of Surfr for the Samsung Galaxy S III, which provides 85% additional battery life.