ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $13.97, but opened at $13.33. ADS-TEC Energy shares last traded at $13.31, with a volume of 7,328 shares changing hands.
Analysts Set New Price Targets
Separately, Roth Capital raised ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 19th.
Get Our Latest Research Report on ADSE
ADS-TEC Energy Price Performance
The stock's 50-day moving average price is $14.88 and its 200-day moving average price is $14.10.
Hedge Funds Weigh In On ADS-TEC Energy
Several hedge funds and other institutional investors have recently bought and sold shares of ADSE. Mirabella Financial Services LLP grew its holdings in ADS-TEC Energy by 1,521.8% during the 4th quarter. Mirabella Financial Services LLP now owns 11,067,883 shares of the company's stock worth $171,663,000 after acquiring an additional 10,385,428 shares during the period. Robert Bosch GmbH acquired a new stake in ADS-TEC Energy during the fourth quarter worth approximately $162,273,000. Raymond James Financial Inc. bought a new stake in ADS-TEC Energy in the fourth quarter worth approximately $621,000. Geode Capital Management LLC increased its holdings in ADS-TEC Energy by 11.9% in the fourth quarter. Geode Capital Management LLC now owns 35,572 shares of the company's stock worth $552,000 after purchasing an additional 3,771 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new position in ADS-TEC Energy in the fourth quarter valued at approximately $313,000. Institutional investors and hedge funds own 51.65% of the company's stock.
ADS-TEC Energy Company Profile
(
Get Free Report)
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.
Read More
Before you consider ADS-TEC Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ADS-TEC Energy wasn't on the list.
While ADS-TEC Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 best stocks to own in Spring 2025, carefully selected for their growth potential amid market volatility. This exclusive report highlights top companies poised to thrive in uncertain economic conditions—download now to gain an investing edge.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
