Ascent Solar Technologies, Inc. Common Stock (ASTI) Stock Analysis & Winston Score
Ascent Solar Technologies makes thin-film solar panels using a special material called copper indium gallium selenide (CIGS). Unlike regular solar panels, their products are lightweight and flexible, meaning they can be attached to curved surfaces, fabrics, or portable devices. The company targets niche markets like the military, aerospace, and outdoor consumer products where traditional rigid panels do not work well. Ascent Solar earns money by selling its flexible solar modules and through research contracts, often with government agencies. The company is very small, based in Thornton, Colorado, and has struggled to reach consistent profitability — its deeply negative margins show it spends far more than it earns. The key risk is that Ascent has had ongoing financial difficulties, including reliance on outside funding to keep operating, and it faces intense competition from much larger solar manufacturers with lower production costs.
Winston Score: 23/100 — Weak
Weak fundamentals across most pillars.
- Quality: Weak (1/30)
- Growth: Mixed (6/20)
- Cash Flow: Weak (0/10)
- Stability: Good (5/10)
- Valuation: Data not available (0/10)
- Ownership: Good (10/15)
Key Facts
Price: $3.00
Market Cap: $10M
Sector: Technology
Industry: Solar
Exchange: NASDAQ Capital Market
