MarketBeat reports 'Sell' average rating for ADS-TEC Energy PLC amid short interest growth
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Updated Mon 00:00
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What happened
MarketBeat reported that ADS-TEC Energy PLC has an average rating of “Sell.” During October, short interest in the company grew 63.2%, rising from 68,482 shares on September 30th to 111,742 shares by October 15th. Analysts also issued recent ratings, with Wall Street Zen raising shares to a “sell” rating on October 24th, and Weiss Ratings restating a “sell (d-)” rating.
From themarketsdaily.com
Why it matters
The increase in short interest and the consensus 'Sell' rating from analysts reflect negative market sentiment toward ADS-TEC Energy PLC. The company recently reported ($0.37) earnings per share and $4.20 million in revenue for the quarter ending September 30th.
From themarketsdaily.com
Who's involved
- MarketBeatAmerican personal finance blog that aggregated and reported the average analyst rating
- NasdaqAmerican stock exchange where ADS-TEC Energy PLC is listed
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The entities involved
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MarketBeat
American personal finance blog
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