![]() 2020 was highlighted by states, cities and businesses pursuing decarbonization and green energy plans. The hope is sub-industry results will show more material recovery in 2021 as commercial end-markets join residential in returning to more normal demand levels. ![]() Valuations for the group are currently more in line with historical averages following share price recovery from sharp declines early in 2020 due to macroeconomic uncertainty from numerous headwinds, including the still-evolving total impact of Covid-19. There are not analysts providing consensus earnings estimates for the current fiscal year. Year-over-year quarterly sales growth most recently was %. Ascent Solar Technologies, Inc.’s trailing 12-month revenue is $0.5 million with a % profit margin. does not have a meaningful P/E due to negative earnings over the last 12 trailing months. had a $2.9 million market capitalization, putting it in the 7th percentile of companies in the Renewable Energy Equipment & Services industry.Īscent Solar Technologies, Inc. Stock NewsĪs of December 15, 2023, Ascent Solar Technologies, Inc. Read on to find out how ( ASTI) grades on certain investment factors and determine whether it meets your investment needs. is a good stock to buy or sell based on recent news as well as its key financial metrics. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Learn more about whether Ascent Solar Technologies, Inc. The price of a promoted high volatility instrument will almost always revert back. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. You can indeed make money on Ascent instrument if you perfectly time your entry and exit. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please make sure you totally understand the upside potential and downside risk of investing in Ascent Solar Technologies. Although Ascent Solar may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Ascent Solar Technologies is a potential penny stock. Investors should scrutinize Ascent Solar Technologies independently to ensure intended market timing strategies are aligned with expectations about Ascent Solar volatility. Sees Large Decline in Short InterestĪscent Solar Volatility AlertAscent Solar Technologies is displaying above-average volatility over the selected time horizon. Latest headline from : Ascent Solar Technologies, Inc. This results in cash-per-share (CPS) ratio of 0.01.Īscent Solar has a frail financial position based on the latest SEC disclosures Net Loss for the year was (19.75 M) with loss before overhead, payroll, taxes, and interest of (6.76 M).Īscent Solar Technologies currently holds about 429.27 K in cash with (10.51 M) of positive cash flow from operations. The entity reported the previous year's revenue of 1.22 M. When we think about Ascent Solar's use of debt, we should always consider it together with cash and equity. Debt, in this case, can be an excellent and much better tool for Ascent to invest in growth at high rates of return. However, a more frequent occurrence is when companies like Ascent Solar Technologies sell additional shares at bargain prices, diluting existing shareholders. So, Ascent Solar's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. Debt can assist Ascent Solar until it has trouble settling it off, either with new capital or with free cash flow. Ascent Solar Technologies has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations when due. The company currently holds 10.08 M in liabilities with Debt to Equity (D/E) ratio of 3.02, implying the company greatly relies on financing operations through barrowing. Ascent Solar generated a negative expected return over the last 90 daysĪscent Solar has high historical volatility and very poor performanceĪscent Solar has some characteristics of a very speculative penny stockĪscent Solar has a very high chance of going through financial distress in the upcoming years
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