ADS-TEC Energy (NASDAQ:ADSE) Sees Large Volume Increase – Time to Buy?

ADS-TEC Energy PLC (NASDAQ:ADSE) saw an uptick in trading volume on Friday. Approximately 16,188 shares were traded during trading, an increase of 18% from the previous session’s volume of 13,757 shares. The stock last traded at $9.9590 and had previously closed at $10.00.

Analyst Upgrades and Downgrades

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

ADS-TEC Energy Trading Down 1.6%

The firm’s fifty day moving average is $11.10 and its 200-day moving average is $11.49.

ADS-TEC Energy (NASDAQ:ADSE) last released its earnings results 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 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.