ADS-TEC Energy (NASDAQ:ADSE) Shares Gap Up – Here’s What Happened

ADS-TEC Energy PLC (NASDAQ:ADSE – Get Free Report)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $9.34, but opened at $9.92. ADS-TEC Energy shares last traded at $9.98, with a volume of 1,767 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated 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. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Read Our Latest Stock Report on ADSE

ADS-TEC Energy Stock Performance

The firm has a 50-day moving average of $11.13 and a 200-day moving average of $11.50.

ADS-TEC Energy (NASDAQ:ADSE – Get Free Report) last posted its quarterly earnings results on Wednesday, September 30th. The company reported ($0.37) EPS for the quarter. The company had revenue of $4.20 million during the quarter.

About ADS-TEC Energy

(Get Free Report)

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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