ADS-TEC Energy PLC (NASDAQ:ADSE – Get Free Report)’s stock price reached a new 52-week low during trading on Thursday. The stock traded as low as $8.79 and last traded at $9.6310, with a volume of 6,164 shares. The stock had previously closed at $9.50.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of ADS-TEC Energy in a report on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, ADS-TEC Energy has an average rating of “Sell”.
View Our Latest Stock Analysis on ADS-TEC Energy
ADS-TEC Energy Price Performance
The firm’s fifty day simple moving average is $10.94 and its 200 day simple moving average is $11.45.
ADS-TEC Energy (NASDAQ:ADSE – Get Free Report) last released its quarterly earnings data on Wednesday, September 30th. The company reported ($0.37) earnings per share for the quarter. The business 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 fast-charging technology for electric vehicles. Its systems are designed to enable high-power charging at locations where the local electrical grid may not have sufficient capacity for a traditional charging installation.
The company’s product portfolio includes the ChargePost and ChargeBox platforms, which combine battery storage, power electronics and charging equipment. These systems can store electricity and deliver it rapidly to electric vehicles, helping reduce the need for costly grid upgrades.
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