Ascent Solar Technologies Inc. (NASDAQ:ASTI) up by 32.69%, Lake Shore Gold Corp. (NYSEMKT:LSG)

Posted by Kristi Scott May 21, 2013 0 Comment 2233 views


Miami, FL 05/21/2013 (GDPInsider) – Ascent Solar Technologies Inc. (NASDAQ:ASTI) is up by 32.69% from its previous close of $0.78 to currently trade at $1.03. The stock hit a high of $1.33 and a low of $0.95 during the day. The 52-week range of the stock is $0.49 and $2.31. The stock is above its 20 days simple moving average by about 63.88%, it is 74.75% above its 50 days simple moving average and about 16.39% above its 200 days moving average. We get a sense of optimism from these indicators, but we need to be cautious since the relative strength index has moved to 81.50 reflecting that it is trading in an overbought zone and might face a resistance at some levels. The stock has gained a significant amount in the past five trading session which is about 36.84% growth, it has also gained about 36.84% in the past month when it faced a volatility of 9.75%.

The company today announced about the launch of its retail presence in Colorado. The company has started its operations at the Denver International Airport and various other regions around the Denver metropolitan area which includes Aurora, Boulder and Red Rocks amphitheatre.

How Should Investors Trade ASTI Now? Get the latest trends and data here.

Lake Shore Gold Corp. (NYSEMKT:LSG) is down by 7.02% from its previous close of $0.34 to currently trade at $0.305. The stock hit a high of $0.31 and a low of $0.29 during the day. The 52-week range of the stock is $0.28 and $1.17. The stock is below its 20 days simple moving average by about 18.16%, it is 40.11% below its 50 days simple moving average and about 61.68% below its 200 days moving average. We get a sense of optimism from these indicators, we can get some relief since the relative strength index has moved to 34.37 reflecting that it is heading towards oversold zone and might face a support at some levels. The stock has minimal growth in the past five trading session, it has also lost about 24.44% in the past month when it faced a volatility of 9.16%.

CIBC has downgraded the stock from a “sector perform” to “underperform”.

Is LSG a solid investment at these levels? Get valuable updates and exclusive insights here.

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About Kristi Scott

Kristi Scott joined GDP Insider in 2005 as a Wall Street reporter for the Business and Market section. Kristi covers the stock market, financial markets and personal finance. Her awards have come from the National Federation of Professional Writers, the Ohio Newspaper Association, the Cleveland Press Club, the Society of Professional Journalists and Suburban Newspapers of America. Kristi was named SNA's national Journalist of the Year

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