ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report)'s share price traded down 6.1% during mid-day trading on Tuesday . The stock traded as low as $14.45 and last traded at $14.08. 27,259 shares were traded during mid-day trading, a decline of 72% from the average session volume of 97,323 shares. The stock had previously closed at $15.00.
Wall Street Analyst Weigh In
Separately, Roth Capital raised ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 19th.
Check Out Our Latest Analysis on ADSE
ADS-TEC Energy Stock Performance
The company's 50-day moving average price is $14.65 and its two-hundred day moving average price is $14.20.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in ADSE. Robert Bosch GmbH acquired a new position in shares of ADS-TEC Energy in the 4th quarter worth $162,273,000. Mirabella Financial Services LLP lifted its stake in ADS-TEC Energy by 1,521.8% during the fourth quarter. Mirabella Financial Services LLP now owns 11,067,883 shares of the company's stock valued at $171,663,000 after buying an additional 10,385,428 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of ADS-TEC Energy in the fourth quarter worth about $621,000. Renaissance Technologies LLC purchased a new position in shares of ADS-TEC Energy in the fourth quarter worth approximately $313,000. Finally, GAMMA Investing LLC acquired a new stake in shares of ADS-TEC Energy during the fourth quarter valued at approximately $69,000. Institutional investors and hedge funds own 51.65% of the company's stock.
ADS-TEC Energy Company Profile
(
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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.
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