Benzinga's Microcap Movers for Monday August 13, 2012

Below are highlights from Benzinga's daily coverage of small cap and microcap securities making big moves:

Shares of Alexza Pharmaceuticals

, the Mountain View, CA pharmaceutical company, rose 38.85% Monday on 8.5 times average volume. A spokesperson for Alexza Pharmaceuticals to Benzinga there was no news to account for the move today. Alexza Pharmaceuticals closed at $4.11 on Monday.

Shares of Ascent Solar Technologies

, the Thornton, CO developer of solar powered materials and devices, rose 37.85% Monday on average volume. Ascent Solar Technologies announced Monday it has launched a charger for the Samsung® Galaxy S III smart phone featuring Ascent's ultra light CIGS technology. Branded under Ascent's EnerPlex line of consumer products, the charger incorporates the company's solar cells into a sleek, protective Galaxy S III case, along with an ultra thin battery. The charger adds minimal weight and size to the Galaxy S III yet provides significantly improved battery life by harnessing sunlight for electric power. Ascent Solar Technologies closed at $1.61 on Monday.

Shares of Highway Holdings

, the Hong Kong-based manufacturer of various components, subassemblies and products for multinational companies, rose 33.33% Monday on 76 times average volume. Highway Holdings Limited announced Monday its board of directors has declared a cash dividend of $0.03 per share on the company's common stock. The dividend will be paid on October 10, 2012 to shareholders of record on September 1, 2012. In July the company declared a cash dividend payable on September 10, 2012 to shareholders of record on August 1, 2012 Highway Holdings closed at $0.97 on Monday.