When is the right time to cash out of Ascent Solar Technologies Inc [ASTI] stock?

In yesterday’s Wall Street session, Ascent Solar Technologies Inc (NASDAQ:ASTI) shares traded at $0.09, down -1.28% from the previous session.

ASTI stock price is now -18.93% away from the 50-day moving average and -88.72% away from the 200-day moving average. The market capitalization of the company currently stands at $2.84M.

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In other news, Peterson David Theodore JR, Director bought 66,000 shares of the company’s stock on Jul 02 ’24. The stock was bought for $6,178 at an average price of $0.09. Upon completion of the transaction, the Director now directly owns 108,152 shares in the company, valued at $9733.68. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 12 ’24, Chief Executive Officer Warley Paul P. bought 15,000 shares of the business’s stock. A total of $1,862 was incurred on buying the stock at an average price of $0.12. This leaves the insider owning 246,538 shares of the company worth $22188.42. A total of 1.84% of the company’s stock is owned by insiders.

During the past 12 months, Ascent Solar Technologies Inc has had a low of $0.09 and a high of $24.36. The fifty day moving average price for ASTI is $0.11404 and a two-hundred day moving average price translates $0.78621 for the stock.

The latest earnings results from Ascent Solar Technologies Inc (NASDAQ: ASTI) was released for 2024-03-31. The net profit margin was -5844.80% and return on equity was -1116.07% for ASTI. The company reported revenue of $6000.0 for the quarter, compared to $0.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -95.16 percent.

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