ADS-TEC Energy (NASDAQ:ADSE) Stock Rating Upgraded by Wall Street Zen

ADS-TEC Energy (NASDAQ:ADSE) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of ADS-TEC Energy in a research note on Friday, July 31st. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has an average rating of “Sell”.

ADS-TEC Energy Price Performance

ADSE stock opened at $9.70 on Friday. The business has a fifty day moving average price of $10.86 and a 200 day moving average price of $11.43. ADS-TEC Energy has a fifty-two week low of $8.78 and a fifty-two week high of $13.50.

ADS-TEC Energy (NASDAQ:ADSE) last posted 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 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.