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Fastned B.V. (FAST.AS)

Amsterdam - Amsterdam Delayed Price. Currency in EUR
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60.50+0.60 (+1.00%)
At close: 5:35PM CEST
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Neutralpattern detected
Previous Close59.90
BidN/A x N/A
AskN/A x N/A
Day's Range59.30 - 60.80
52 Week Range8.76 - 111.00
Avg. Volume130,827
Market Cap893.44M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.84
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Questor: for electric cars to win we need answers to the charging problem. This stock has one
    The Telegraph

    Questor: for electric cars to win we need answers to the charging problem. This stock has one

    “Decarbonisation”: the word is everywhere. Even during a deadly pandemic the need to cut carbon emissions has never felt more urgent. Like all revolutions, the drive to turn economies green presents investors with both threats and opportunities. Our “Disrupters” column aims to cover both but today we look at a potential winner. It seeks to disrupt nothing less than the way we get from A to B by providing the key infrastructure on which electric cars depend. While firms such as Tesla are busily disrupting the manufacture of cars, electric vehicles can succeed only if charging them becomes as easy as putting petrol in the tank. Charging stations are becoming a more common sight in our cities but the existing generation often takes many hours to recharge an EV. One Dutch company has decided that the key to mass acceptance of electric cars is rapid charging available from a network of roadside stations as convenient to use, as plentiful and as easy to find as an ordinary filling station. Fastned’s rapid chargers can already add almost 200 miles to an electric car’s range in just 15 minutes. Before long it’s clear that, mile for mile, recharging an electric car will be as quick as refuelling a normal one. You may be thinking: this sounds great but surely BP, Esso and their like can compete simply by adding electric car chargers to their own forecourts. It sounds plausible but there are many practical hurdles. And, as so often with disrupters, it is their ability to devote all their attention and resources to the new that gives them the edge over incumbents that must grapple with the problem of adapting to innovation while keeping their existing business alive and profitable.