Shares of Ascent Solar Technologies (ASTI) Drops by -34.91%

Ascent Solar Technologies (ASTI) : During the past 4 weeks, traders have been relatively bearish on Ascent Solar Technologies (ASTI), hence the stock is down -54.27% 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 -35.87% relative to the S&P 500. The 4-week change in the price of the stock is -52.27% and the stock has fallen -34.91% in the past 1 week.

Ascent Solar Technologies (NASDAQ:ASTI): The stock opened at $0.04 on Friday but the bulls could not build on the opening and the stock topped out at $0.04 for the day. The stock traded down to $0.03 during the day, due to lack of any buying support eventually closed down at $0.04 with a loss of -3.38% for the day. The stock had closed at $0.04 on the previous day. The total traded volume was 2,024,498 shares.


The company Insiders own 0.39% of Ascent Solar Technologies shares according to the proxy statements. Institutional Investors own 0.1% of Ascent Solar Technologies 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.

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