Ascent Solar Technologies (ASTI) Shares are Down -23.87%

Ascent Solar Technologies (ASTI) : During the past 4 weeks, traders have been relatively bearish on Ascent Solar Technologies (ASTI), hence the stock is down -7.85% 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 -23.85% relative to the S&P 500. The 4-week change in the price of the stock is -7.5% and the stock has fallen -23.87% in the past 1 week.

The stock has recorded a 20-day Moving Average of 17.88% and the 50-Day Moving Average is 17.88%.


Ascent Solar Technologies (NASDAQ:ASTI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.04 and $0.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $0.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.04, notching a gain of 3.93% for the day. The total traded volume was 3,635,376 . The stock had closed at $0.04 on the previous day.

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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