ADS-TEC Energy (NASDAQ:ADSE) Posts Earnings Results

by · The Markets Daily

ADS-TEC Energy (NASDAQ:ADSE – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.37) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $4.20 million during the quarter.

ADS-TEC Energy Stock Performance

Shares of NASDAQ ADSE traded down $0.16 during mid-day trading on Wednesday, reaching $10.84. The company’s stock had a trading volume of 82,411 shares, compared to its average volume of 12,700. ADS-TEC Energy has a 52 week low of $9.20 and a 52 week high of $13.50. The stock has a fifty day moving average of $11.60 and a two-hundred day moving average of $11.55.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on ADSE

ADS-TEC Energy Company Profile

(Get Free Report)

ADS-TEC Energy plc (NASDAQ: ADSE) develops battery-based energy storage and electric vehicle (EV) charging technology. Its systems are designed to support high-power charging where the local electricity grid may not provide sufficient capacity, using integrated battery storage to help manage peak demand and reduce the need for extensive grid upgrades.

The company’s product portfolio includes the ChargePost and ChargeBox platforms, which combine battery storage, power electronics and EV charging capabilities.

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