Weatherford International (WFT) Unusual Volume Over Ascent Solar Technologies (ASTI), Great Panther Silver (GPL), Asanko Gold (AKG)

Weatherford International Ltd. (WFT) reported first quarter adjusted EPS of $0.13 subsequent to the close Thursday, contrasted to $0.15 in the prior year period. Analysts potential EPS of $0.11. Looking formerly to fiscal 2014, Weatherford reiterated its outlook for adjusted earnings in a range of $1.10 to $1.20 per share. Analysts at this time anticipate earnings of $0.99. Weatherford International gapped open sharply higher Friday and thrived steadily until mid-morning. Weatherford International Ltd. (WFT), Oil & Gas Equipment & Services, is currently trading at $22.20, which slid -0.94%. The stock is trading -3.65% below its 50 days high and 33.09% above its 50 days low. In valuation, Weatherford International Ltd. maintained 2.17x price to book and 1.14x price to sales ratio. Company also recorded 1.18x debt over equity financial leverage. WFT showed -2.42% weekly performance. Analysts rate it a ‘Hold’ stock.

Ascent Solar Technologies Inc. (ASTI,ASTIU) Thursday declared the signing of a definitive deal to establish a joint venture entity with the Government of the Municipal City of Suqian in Jiangsu Province, China. Under this definitive agreement, Suqian will provide $32.5 million as well as five year rent-free use of 331,000 square feet of factory & office space in the Suqian Economic and Industrial Development Science Park. Ascent Solar Technologies, Inc. (ASTI), Semiconductor – Specialized company, soared 9.78% in last regular trading to $0.45. The stock is priced with the difference of -34.79% 200-day simple moving average and 2.39% 50-day moving average. ASTI has $45.01 million market capitalization. The stock recorded a trading volume of 2233605 shares as compared to its average volume of 630.81 million shares. ASTI’s year to date performance is -36.61%. We recommend to ‘Hold’ the stock.

Great Panther Silver Ltd, Maintains FY 2014 total silver production equivalent ounces of 3.1- 3.2 million. The price of Great Panther Silver Ltd (GPL), Silver company, stock surged 11.65% to $1.15. The stock is dealing at -16.67% below its 52-week high and 76.92% above its 52-week low. At the closing bell, shares in Great Panther Silver Ltd recorded a trading volume of 1830771. Its total outstanding shares are 144.17 million with the market capitalization of $165.80 million. GPL showed 16.16% weekly performance.

Asanko Gold Inc appoints Colin Steyn as Chairman. Other members of the Board are Peter Breese (President and CEO), Peter Bradford, Gordon Fretwell, Marcel de Groot, Michael Price and Shawn Wallace. The price of Asanko Gold Inc. (AKG), Gold company, stock fostered 7.66% to $2.25. The stock is dealing at -30.34% below its 52-week high and 45.16% above its 52-week low. At the closing bell, shares in Asanko Gold Inc. recorded a trading volume of 709736. Its total outstanding shares are 172.39 million with the market capitalization of $387.88 million. AKG showed 17.80% weekly performance. Analysts rate it a ‘Buy’ stock.

About

Elizabeth Clark, CPA, is a senior analyst for The Downtown Leader. If you have a great story idea for Elizabeth Clark, you can write at [Elizabeth.Clark@downtownleader.com ].

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