Ascent Solar Technologies (NASDAQ:ASTI) Trading Down 3% – Here’s What Happened

Ascent Solar Technologies, Inc. (NASDAQ:ASTI)’s share price fell 3% during trading on Tuesday . The company traded as low as $1.81 and last traded at $1.83. 6,637 shares changed hands during trading, a decline of 82% from the average session volume of 36,900 shares. The stock had previously closed at $1.89.

Ascent Solar Technologies Stock Performance

The stock has a 50 day simple moving average of $2.15 and a two-hundred day simple moving average of $2.53.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ascent Solar Technologies stock. Renaissance Technologies LLC bought a new stake in Ascent Solar Technologies, Inc. (NASDAQ:ASTI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 15,500 shares of the company’s stock, valued at approximately $51,000. Renaissance Technologies LLC owned about 1.17% of Ascent Solar Technologies at the end of the most recent reporting period. Hedge funds and other institutional investors own 10.55% of the company’s stock.

Ascent Solar Technologies Company Profile

Ascent Solar Technologies, Inc, a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles.