ADS-TEC Energy (NASDAQ:ADSE) Shares Gap Up – Still a Buy?

ADS-TEC Energy PLC (NASDAQ:ADSE – Get Free Report)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $9.34, but opened at $9.92. ADS-TEC Energy shares last traded at $9.98, with a volume of 1,767 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ADS-TEC Energy in a report on Friday, July 31st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on ADSE

ADS-TEC Energy Trading Down 0.1%

The company has a fifty day moving average price of $11.13 and a 200-day moving average price of $11.50.

ADS-TEC Energy (NASDAQ:ADSE – Get Free Report) last released its quarterly earnings data on Wednesday, September 30th. The company reported ($0.37) EPS for the quarter. The business had revenue of $4.20 million for the quarter.

ADS-TEC Energy Company Profile

(Get Free Report)

ADS-TEC Energy plc (NASDAQ:ADSE) develops battery-based energy storage and ultra-fast electric vehicle charging systems. Its technology combines high-power charging equipment with integrated battery storage, allowing charging stations to deliver substantial power even where the local electrical grid has limited capacity.

The company’s product portfolio includes the ChargePost and ChargeBox systems, which are designed for rapid EV charging, as well as associated energy-management software and services.

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