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DSTI DayStar Technologies Inc. featured news, full reports, and detailed charts

DayStar Technologies Inc. (DSTI) Wrap Up:

DayStar Technologies, Inc., a development stage company, together with its subsidiary, International Energy Trading, LLC, develops, manufactures, and markets products for the photovoltaic industry to convert sunlight into electricity. It offers thin-film copper indium gallium selenide solar products for grid-tied centralized utility markets; and grid-tied decentralized commercial and residential markets. The company was founded in 1997 and is headquartered in Santa Clara, California.
www.daystartech.com
106 Employees
Founded in 1997

DayStar Technologies Inc. (DSTI*(D):NASDAQ)

LAST $0.52 USD
CHANGE TODAY -0.001 -0.19%
VOLUME 498.1K
*(D) = Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements
As of 3:59 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of DayStar Technologies Inc. (DSTI)

OPEN
$0.52
PREVIOUS CLOSE
$0.52
DAY HIGH
$0.53
DAY LOW
$0.47
52 WEEK HIGH
01/12/09 - $2.38
52 WEEK LOW
10/28/09 - $0.30
MARKET CAP
17.4M
AVERAGE VOLUME 3 mo
840.3K
DILUTED EPS TTM
$-0.86
SHARES OUTSTANDING
33.5M
DSTI Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

DSTI Top Compensated Officers

Mr. Robert E. Weiss
Chief Technology Officer
Age: 53
Total Annual Compensation: $246.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for DayStar Technologies Inc. (DSTI)

DayStar Technologies Announces Appointment of Dr. Kang Sun to Board of Directors

DayStar Technologies Inc. announced that its board of directors has appointed Dr. Kang Sun, Ph.D. as an independent director of the board of directors of the company, effective immediately.

DayStar Technologies Inc. Announces Appointment of Jonathan Fitzgerald as an Independent Director of the Board of Directors

DayStar Technologies Inc. announced that its board of directors has appointed Mr. Jonathan Fitzgerald as an independent director of the board of directors of the company, effective immediately. Mr. Fitzgerald is an independent investment banker providing advisory services to early and growth-stage businesses in a variety of technology industries. Previously, Mr. Fitzgerald was a Managing Director and senior investment banker with the firm of Morgan Joseph & Co. Inc. In addition to leading the Firm's Cleantech investment banking practice, Mr. Fitzgerald served a variety of industrial clients across the western region. Mr. Fitzgerald also served as the Interim-CEO of Harvest Wind Limited, a development stage wind turbine manufacturer based in Oregon. Jonathan also served as an Adviser to iSense Corporation, Boston Poly Corporation and Trustwater LLC.

DayStar Technologies Inc. Announces Unaudited Financial Results for the Third Quarter and Nine Months Ended September 30, 2009

DayStar Technologies Inc. announced unaudited financial results for the third quarter and nine months ended September 30, 2009. Net loss for the third quarter of 2009 was $6.2 million or $0.18 per basic and diluted share, compared with a net loss of $6.7 million or $0.20 per basic and diluted share in the third quarter of 2008. The lower net loss reflects the implementation of cost savings measures including a reduction in workforce, and also reflects the decrease in payroll and research and development expenses resulting from the sale of DayStar's Halfmoon, NY operations early in the quarter. Net loss for the nine months of 2009 was $20.5 million or $0.61 per basic and diluted share, compared with a net loss of $18.5 million or $0.56 per basic and diluted share in the nine months of 2008. Net property and equipment was $47.6 million at September 30, 2009 compared to $37.1 million at December 31, 2008, reflecting DayStar's investment in equipment and improvements, as well as progress made on the construction of production equipment during 2009.

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DSTI Competitors

Company Last Change
First Solar Inc $121.18 USD +0.05
Kyocera Corporation ¥7,040 JPY -70.00
Q-Cells €10.41 EUR -0.22
Sharp Corporation ¥989.00 JPY -9.00
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation DSTI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

DSTI

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DSTI transactions

Type
Date
Target
Private Placement
September 18, 2009
--
Merger/Acquisition
September 18, 2009
EPOD Solar, Inc., Substantially All Assets
Merger/Acquisition
July 15, 2009
DayStar Technologies Inc., Assets at Halfmoon, New York Facility

More Recent News About DayStar Technologies Inc.

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