Ascent Solar Technologies, Inc. (NASDAQ:ASTI) closed at $0.19 with raises of 24.43% in last trading session. Ascent Solar Technologies, Inc. (ASTI) reported that firm was awarded a Schedule 56 contract, startning December 15th, 2015, by the General Services Administration (GSA), the procurement division of the U.s.Federal Government. The contract enables Federal consumers, comprising all four branches of the U.S. Military, Federal Agencies and others, to easily purchase a range of Ascent Solar products comprising: the MilPak E and EnerPlex products such as the Kickr IV and Kickr II. The firm has yearly sales growth for the past five year of 28.70%. While past twelve months price to sales ratio recorded as 2.71 and price to cash ratio remained 29.35. Why Ascent Solar Technologies, Inc. entered oversold zone following this report?
On this contradiction, some related companies were under noticeable move that have mixed trading trends:
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