ADS-TEC Energy PLC (NASDAQ:ADSE) Expected to Post FY2024 Earnings of ($0.11) Per Share

ADS-TEC Energy PLC (NASDAQ:ADSE) – Analysts at Roth Capital issued their FY2024 earnings per share (EPS) estimates for ADS-TEC Energy in a note issued to investors on Wednesday, May 1st. Roth Capital analyst C. Irwin expects that the company will post earnings per share of ($0.11) for the year. The consensus estimate for ADS-TEC Energy’s current full-year earnings is ($0.19) per share.

ADS-TEC Energy Stock Up 0.1 %

NASDAQ:ADSE opened at $10.95 on Monday. ADS-TEC Energy has a 1 year low of $2.13 and a 1 year high of $11.48. The stock’s 50 day simple moving average is $10.59 and its two-hundred day simple moving average is $8.38.

Institutional Investors Weigh In On ADS-TEC Energy

An institutional investor recently raised its position in ADS-TEC Energy stock. Raymond James & Associates increased its position in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) by 22.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 286,090 shares of the company’s stock after purchasing an additional 51,536 shares during the period. Raymond James & Associates owned approximately 0.58% of ADS-TEC Energy worth $2,046,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 51.65% of the company’s stock.

ADS-TEC Energy Company Profile

ADS-TEC Energy PLC provide intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for EVs on power limited grids, energy storage and management solutions for commercial and industrial applications, and energy storage and management solutions for residential sector coupling applications.