ADS-TEC Energy (NASDAQ:ADSE – Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.37) EPS for the quarter, FiscalAI reports. The firm had revenue of $4.20 million for the quarter.
ADS-TEC Energy Stock Down 5.0%
NASDAQ:ADSE opened at $10.45 on Friday. The business’s 50-day moving average price is $11.55 and its two-hundred day moving average price is $11.55. ADS-TEC Energy has a twelve month low of $9.20 and a twelve month high of $13.50.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ADS-TEC Energy in a research note on Friday, July 31st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.
ADS-TEC Energy Company Profile
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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