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Ascent Solar Technologies (ASTI) Posts Earnings R

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Post# of 23081
Posted On: 11/14/2015 9:53:25 AM
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Posted By: fitzkarz
Ascent Solar Technologies (ASTI) Posts Earnings Results
November 14th, 2015 - 0 comments - Filed Under - by Jennifer Langley
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Ascent Solar Technologies logoAscent Solar Technologies (NASDAQ:ASTI) issued its quarterly earnings results on Friday. The company reported ($0.11) earnings per share (EPS) for the quarter, MarketBeat Ratings reports. During the same period last year, the company posted ($1.50) EPS.

Ascent Solar Technologies (NASDAQ:ASTI) traded up 34.75% during mid-day trading on Friday, reaching $0.19. 13,355,233 shares of the company’s stock traded hands. Ascent Solar Technologies has a 12 month low of $0.10 and a 12 month high of $2.20. The firm’s 50-day moving average price is $0.17 and its 200 day moving average price is $0.41. The stock’s market capitalization is $10.43 million.

Ascent Solar Technologies, Inc. is engaged in commercializing e photovoltaic (NASDAQ:ASTI) modules using its thin film technology. The business ‘s producing process deposits multiple layers of materials, including a thin film of copper-indium-gallium-diselenide (CIGS) semiconductor substance, on a plastic substrate using a roll-to-roll manufacturing procedure after which laser patterns the layers to create interconnected PV cells or PV modules, in an activity known as monolithic integration. It introduced its first product, the Surfr, a battery as well as a solar case for the Apple iPhone 4/4S smart phone featuring its CIGS thin film technology incorporated into the case, and has found its new line of consumer products below the EnerPlex brand. The case comprises its PV module into a sleek, protective iPhone 4/4S case, along with a thin, life expanding, battery. It’s found second version for the Samsung Galaxy S III, which provides added battery life to 85%.


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