Finance

Tech New Lows: Image Sensing Systems (NASDAQ:ISNS), Ascent Solar Technologies (NASDAQ:ASTI), Quality Systems (NASDAQ:QSII), Castlight Health Inc (NYSE:CSLT)

Image Sensing Systems, Inc. (NASDAQ:ISNS), will distribute its earnings results for the first quarter ended March 31, 2014, after the close of trading on Wednesday, April 30, 2014. Image Sensing Systems, Inc. (NASDAQ:ISNS) stock performance was -3.49% in last session and finished the day at $4.70. Traded volume was 36.6K shares in the last session and the average volume of the stock remained 19.94K shares. The beta of the stock remained 0.64. Image Sensing Systems, Inc. (NASDAQ:ISNS) insider ownership is 0.40%.

Ascent Solar Technologies Inc (NASDAQ:ASTI) of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has announced availability of its EnerPlex Jumpr Slate at company-owned kiosks, as well as online. The product will be available at partner retailers both domestically and internationally later in April. Ascent Solar Technologies, Inc. (NASDAQ:ASTI) dropped -5.10 percent to $0.465 Wednesday on volume of 36.6K shares. The intra-day range of the stock was $0.46 to $0.50. Ascent Solar Technologies, Inc. (NASDAQ:ASTI) has a market capitalization of $31.76million.

Quality Systems Inc (NASDAQ:QSII) was downgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research report issued on Wednesday. Quality Systems, Inc. (NASDAQ:QSII)’s stock on Apr 23, 2014 reported a decrease of -4.92% to the closing price of $14.88. Its fifty two weeks range is $14.79 -$24.15. The total market capitalization recorded $895.93million. The overall volume in the last trading session was 716.6K shares. In its share capital, QSII has 60.21million outstanding shares.

Nationally, health IT is becoming hotter than med-tech. For example, the March initial public offering of San Francisco-based Castlight Health Inc. (NYSE:CSLT), a health care software company, drew attention when its valuation soared to more than $2 billion, even though that company is still losing money and posted revenue of only $13 million last year. On Wednesday, shares of Castlight Health Inc (NYSE:CSLT) dropped -6.21% to close the day at $15.70. Company return on investment (ROI) is 50.10% and its monthly performance is recorded as -42.55%.