ADS-TEC Energy (NASDAQ:ADSE) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of ADS-TEC Energy (NASDAQ:ADSE) to a sell rating in a research note published on Saturday morning,Wall Street Zen reports.

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

ADS-TEC Energy Stock Down 4.3%

Shares of ADSE opened at $9.28 on Friday. The stock has a 50-day moving average of $10.81 and a two-hundred day moving average of $11.38. ADS-TEC Energy has a one year low of $8.78 and a one year high of $13.50.

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

About ADS-TEC Energy

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.