ADS-TEC Energy (NASDAQ:ADSE) Hits New 12-Month Low – Should You Sell?

Shares of ADS-TEC Energy PLC (NASDAQ:ADSE) reached a new 52-week low during trading on Tuesday. The stock traded as low as $9.04 and last traded at $9.3310, with a volume of 5,630 shares traded. The stock had previously closed at $9.80.

Wall Street Analysts Forecast Growth

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

ADS-TEC Energy Trading Down 3.9%

The stock’s 50 day moving average price is $11.22 and its 200 day moving average price is $11.51.

ADS-TEC Energy (NASDAQ:ADSE) last released its earnings results on Wednesday, September 30th. The company reported ($0.37) earnings per share (EPS) for the quarter. The company 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 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.