Ascent Solar Technologies Inc’s filing revealed that its Director Forrest Reynolds T. acquired Company’s shares for reported $3000.0 on Nov 01 ’23. In the deal valued at $0.85 per share,3,529 shares were bought. As a result of this transaction, Forrest Reynolds T. now holds 58,243 shares worth roughly $16308.04.
Then, Forrest Reynolds T. bought 2,631 shares, generating $2,999 in total proceeds. Upon buying the shares at $1.14, the Director now owns 54,714 shares.
Before that, Forrest Reynolds T. bought 52,083 shares. Ascent Solar Technologies Inc shares valued at $149,999 were divested by the Director at a price of $2.88 per share. As a result of the transaction, Forrest Reynolds T. now holds 52,083 shares, worth roughly $14583.240000000002.
Price Performance Review of ASTI
On Tuesday, Ascent Solar Technologies Inc [NASDAQ:ASTI] saw its stock fall -12.39% to $0.28. Over the last five days, the stock has lost -25.85%. Ascent Solar Technologies Inc shares have fallen nearly -68.38% since the year began. Nevertheless, the stocks have fallen -99.62% over the past one year. While a 52-week high of $80.00 was reached on 01/02/24, a 52-week low of $0.30 was recorded on 04/09/24. SMA at 50 days reached $0.5004, while 200 days put it at $5.4766. A total of 1.21 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For ASTI Stock
The 24-hour chart illustrates a support level at 0.2634, which if violated will result in even more drops to 0.2517. On the upside, there is a resistance level at 0.2984. A further resistance level may holdings at 0.3217. The Relative Strength Index (RSI) on the 14-day chart is 23.15, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0644, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.94%. Stochastics %K at 6.13% indicates the stock is a buying.
How much short interest is there in Ascent Solar Technologies Inc?
A steep rise in short interest was recorded in Ascent Solar Technologies Inc stocks on Mar 15, 2024, growing by 0.52 million shares to a total of 0.58 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 59850.0 shares. There was a rise of 89.61%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 15.76% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.34.
