Stock Alert: ASTI, SCTY, TILE
by Harris Roen, Editor
Roen Financial Report
Friday, February 20, 2015
Today’s Alert:
Ascent Solar Technologies, Inc (ASTI)
SolarCity Corp (SCTY)
Interface, Inc (TILE)
Recent earnings reports cause a micro-cap solar company to soar, a recycled carpet company to improve, and Solar City to tumble.
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| Ascent Solar Technologies shoots up 62% on historic one-day volume on the release of a very constructive earnings report. Annual revenues are up 308%, and net losses were cut in half to -$6.5 million compared to -$12.3 million for the same quarter last year. This volatile development-stage solar company, though, is still down 71% for the year. | The Street |
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| Solar City drops 6% on a mixed earnings report. Revenues are up 23% for the quarter and 52% for the year, but net losses came in below analyst expectations. SCTY is trading flat for the quarter, and is down 29% for the year. | Value Walk |
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| Recycled carpet company Interface, Inc. pops up 15% on a positive earnings report. Revenues are up 8% and net income has turned positive. TILE is now within 14% of its highs earlier this year. We consider the stock to be Below Fair Value. | Motley Fool |
IMPORTANT INFORMATION
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Remember to always consult with your investment professional before making important financial decisions.
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