ADS-TEC Energy PLC to Post FY2024 Earnings of ($0.11) Per Share, Roth Capital Forecasts (NASDAQ:ADSE)

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

ADS-TEC Energy Price Performance

Shares of ADSE opened at $10.94 on Monday. The business’s 50 day simple moving average is $10.57 and its 200-day simple moving average is $8.35. ADS-TEC Energy has a one year low of $2.13 and a one year high of $11.48.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ADS-TEC Energy stock. Raymond James & Associates increased its stake in 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 as of its most recent filing with the Securities and Exchange Commission. 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.