Ascent Solar Technologies Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 30 out of 30 in the Renewable Energy industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.Despite a strong stock market performance and outperforming fundamentals over the past month, the technicals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Ascent Solar Technologies Inc is 7.26, ranking 18 out of 30 in the Renewable Energy industry. Its financial status is robust, and its operating efficiency is low. Its latest quarterly revenue reached 28.55K, representing a year-over-year increase of 233.91%, while its net profit experienced a year-over-year increase of 19.56%.
Key Metrics
The current valuation score of Ascent Solar Technologies Inc is 6.60, ranking 30 out of 30 in the Renewable Energy industry. Its current P/E ratio is -2.42, which is -112.39% below the recent high of 0.30 and -16.56% above the recent low of -2.82.
No earnings forecast score is currently available for Ascent Solar Technologies Inc. The Renewable Energy industry's average is 7.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Ascent Solar Technologies Inc is 1.33, ranking 28 out of 30 in the Renewable Energy industry. Currently, the stock price is trading between the resistance level at 8.53 and the support level at 3.93, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Ascent Solar Technologies Inc is 3.00, ranking 13 out of 30 in the Renewable Energy industry. The latest institutional shareholding proportion is 1.61%, representing a quarter-over-quarter decrease of 12.77%. The largest institutional shareholder is James Simons, holding a total of 41.82K shares, representing 0.81% of shares outstanding, with 1.00% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Renewable Energy domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Ascent Solar Technologies Inc is 1.18, ranking 29 out of 30 in the Renewable Energy industry. The company's beta value is 1.29. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
