AKASOL sees an upgrade to Positive due to a better fundamental star rating
The general evaluation of AKASOL (DE), a company active in the Electrical Components & Equipment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date June 29, 2021, the closing price was EUR 121.60 and its potential was estimated at EUR 148.05.Akasol AG is a Germany-based company engaged in the manufacture of vehicle batteries. The Company develops, manufactures and distributes liquid-cooled and rechargeable high-performance lithium-ion battery systems for a wide range of applications, such as buses, commercial vehicles, rail vehicles, marine, industrial vehicles and stationary applications. Its client base includes Daimler, Volvo Group, Alstom, Bombardier, Rolls-Royce Power Systems and Medatech. The Company has a production facility in Langen, Germany.
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