ADS-TEC Energy PLC (NASDAQ:ADSE – Get Free Report) shares traded down 5.1% during mid-day trading on Wednesday. The stock traded as low as $9.60 and last traded at $9.4310. Approximately 11,800 shares traded hands during trading, a decline of 19% from the average session volume of 14,519 shares. The stock had previously closed at $9.94.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of ADS-TEC Energy in a research report on Friday, July 31st. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has a consensus rating of “Sell”.
View Our Latest Stock Analysis on ADSE
ADS-TEC Energy Trading Down 4.4%
The stock has a fifty day moving average price of $10.99 and a two-hundred day moving average price of $11.46.
ADS-TEC Energy (NASDAQ:ADSE – Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The company reported ($0.37) earnings per share for the quarter. The firm had revenue of $4.20 million during the quarter.
ADS-TEC Energy Company Profile
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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