China Finance Online (JRJC) Significant Profit Growth; Ascent Solar Tech (ASTI) Gains Momentum


Shares of China Finance Online Co., Ltd. (Nasdaq:JRJC) soared more than 40% to nearly 52-week high levels in after-hours trading Tuesday as the company delivered strong growth in its unaudited quarterly financial results

For the third quarter 2015, China Finance Online posted net revenues of $37.0 million, a 74.8% increase year over year, and net income of $9.7 million, or $0.39 per diluted American Depositary Share (ADS), compared to a a net loss of ($2.4) million, or ($0.11) per diluted ADS in the same period the prior year. The company said that it will sell a 90% stake in Shanghai Meining Computer Software Co., Ltd. for about $31.0 million

JRJC stock closed at $4.56, up $0.25 (or +5.80%), with a total volume of 244,478 shares traded during the regular session, more than twofold increase in activity versus its average volume (3m) of 105,692

China Finance Online, a leading web-based financial services company, has 22.21M Shares Outstanding, Market Capitalization (intraday) of $101.26M and JRJC stock 52-week range is between $2.90 and $6.75 per share



Ascent Solar Technologies, Inc. (Nasdaq:ASTI) stock surged $0.01 (or +6.06%) to $0.175 on Tuesday’s trading session after the company said it was awarded a US patent that covers technology involving its solar manufacturing process

15,994,236 shares of the company exchanged hands during the day

Ascent Solar Technologies, a developer of thin-film photovoltaic modules, has 96.26M Shares Outstanding, Market Capitalization (intraday) of $16.85M and ASTI stock one-year range is from $0.10 to $2.08 per share


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