Active Stocks Trader’s Round Up: Ascent Solar Technologies, Inc. (NASDAQ:ASTI), PPG Industries, Inc. (NYSE:PPG), OGE Energy Corp. (NYSE:OGE)

Active Stocks Trader’s Round Up: Ascent Solar Technologies, Inc. (NASDAQ:ASTI), PPG Industries, Inc. (NYSE:PPG), OGE Energy Corp. (NYSE:OGE)

- in Business & Finance
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During Tuesday’s trade, Shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI), surged 35.87% to $0.1538.

The company has a one year low of $0.10 and a one year high of $2.08. It has a market cap of $11.44 million. EPS ratio of the company stands at -2.00.

Ascent Solar Technologies, Inc. (ASTI) stated that firm has inked an amendment contract with its existing senior secured note holder to additional restructure the outstanding senior secured convertible notes. President and CEO of Ascent Solar Technologies, Inc, Victor Lee stated that they are satisfied to have inked into contract with the Note Holder, which brings us one step closer to fully retiring our existing senior secured debt.

Over the last five days Ascent Solar Technologies shares have declined by -13.12% and in the past six months it has moved down -83.10%.

Ascent Solar Technologies, Inc., a development stage company, designs and manufactures photovoltaic integrated consumer electronics; and portable power applications for commercial and military users. The company offers Surfr, a battery and a solar case for the Apple iPhone 4/4S smart phone, in addition to for the Samsung Galaxy S III smart phone; EnerPlex Kickr, a portable solar charging device; and EnerPlex Jumpr, a portable power bank.

Shares of PPG Industries, Inc. (NYSE:PPG), inclined 0.55% to $106.32, during its current trading session.

PPG Industries, declared the completion of a COLORFUL COMMUNITIES™ project in Zhangjiagang, China, that assisted to revitalize the Nansha Primary School as part of its global charitable-giving effort. The Colorful Communities program provides PPG employee volunteers and products together with financial contributions to bring color and vitality to communities where the company operates around the world. Launched earlier this year, the program improvements PPG’s commitment to invest in communities by adding $10 million to support efforts made during a 10-year period.

The project brought together nearly 170 volunteers – counting PPG employees from the Zhangjiagang resin manufacturing site and their families, together with students and faculty of the Zhangjiagang Nansha Primary School – who used MASTER’S MARK® paint by PPG to renovate and decorate the school’s nearly 1,000-square-meter playground fence. PPG awarded a grant of more than $40,000 to the TEDA Charity Association to support this revitalization project.

Volunteers used the Master’s Mark paint to add colorful images to the school’s playground fence. In addition to adding sports-themed designs and a slogan on the main wall, volunteers painted a mural themed “I Love My School” at one corner of the playground.

PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. The company’s Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; sealants, coatings, maintenance cleaners, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; and chemical administration services.

Finally, OGE Energy Corp. (NYSE:OGE), lost -0.75%, and is now trading at $25.92.

OGE Energy Corp., declared that Sean Trauschke, President and CEO, has been named Chairman of the Board and will succeed Peter Delaney. Delaney will continue to serve on the Board of Directors until the end of the first quarter of 2016.

Delaney, formerly President and CEO of OGE Energy, declared his plans to retire from the Company at the Company’s annual meeting in May. In keeping with those plans, he stepped down as CEO in June 2015 and Trauschke was named to replace him. Delaney then became interim CEO of Enable Midstream Partners, a midstream natural gas business in which OGE Energy is a partner, while remaining Chairman of the Board of OGE Energy Corp. Delaney’s retirement as Chairman was the next planned step in the succession plan.

“First of all I am honored to be named Chairman of the Board of such a fine company,” said Trauschke. “To lead a 113 year old, Oklahoma-based company is a privilege. Secondly, it is even more of an honor to have the backing and support of Pete Delaney. He has been an outstanding leader of our company and in the community.”

OGE Energy Corp., together with its auxiliaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. The company operates in two segments, Electric Utility and Natural Gas Midstream Operations.

 

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