{"id":7982,"date":"2016-05-27T16:02:04","date_gmt":"2016-05-27T16:02:04","guid":{"rendered":"\/?p=7982"},"modified":"2016-05-27T16:14:47","modified_gmt":"2016-05-27T16:14:47","slug":"axion-power-international-inc-otcmktsaxpw-still-struggling-to-regain-value","status":"publish","type":"post","link":"\/articles\/axion-power-international-inc-otcmktsaxpw-still-struggling-to-regain-value\/","title":{"rendered":"Axion Power International, Inc. (OTCMKTS:AXPW) Still Struggling To Regain Value"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px; float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93624\/axpw_6m_450x350.png\" border=\"0\" \/>Axion Power International, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AXPW\">AXPW<\/a>) has had a pretty hard time throughout the this year so far. The company stock lost quite a lot of value, dropped below the 10 cent per share mark in March and continued to slide, threatening to slide into double-zero territory earlier this month.<\/p>\n<p>&nbsp;<\/p>\n<p>Lately, we see a significant increase of the daily volumes as <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AXPW\">AXPW<\/a><\/strong> embarked on a steeper descent in the beginning of this month. The company stock managed to stabilize slightly, but the negative sentiment towards the ticker remains strong, especially after the publishing of <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AXPW\">AXPW<\/a>&rsquo;s<\/strong> report for the first quarter of the year.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $1.25 million<\/li>\n<li>current assets: $7.2 million<\/li>\n<li>current liabilities: $10.01 million<\/li>\n<li>net sales: $14 thousand<\/li>\n<li>net loss: $2.06 million<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Although <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AXPW\">AXPW<\/a><\/strong> seems to have sufficient cash and assets we can&rsquo;t fail to mention that the net sales have dropped from around $250 thousand in Q1 of 2015 all the way to $14 thousand in the same period this year, while the net loss has more than doubled.<\/p>\n<p>&nbsp;<\/p>\n<p>That hasn&rsquo;t stopped <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AXPW\">AXPW<\/a><\/strong> from issuing fluff PR in order to try and boost investor confidence. That, however, hasn&rsquo;t worked all that well, despite the small market cap of the company stock. After a positive 13.73% gain in Tuesday we saw <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AXPW\">AXPW<\/a><\/strong> lose 14.25% yesterday and close at $0.0157 after a total of 7.12 million traded shares generated $102 thousand in daily dollar volume.<\/p>\n<p>&nbsp;<\/p>\n<p>Having such a low market cap makes <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=AXPW\">AXPW<\/a><\/strong> quite unpredictable, so you should be sure to do your due diligence and weigh out the risks before putting any money on the line.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axion Power International, Inc. (OTCMKTS:AXPW) has had a pretty hard time throughout the this year so far. The company stock lost quite a lot of value, dropped below the 10 cent per share mark&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1052],"class_list":["post-7982","post","type-post","status-publish","format-standard","hentry","category-news","tag-axpw"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=7982"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7982\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}