ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) traded up 4.8% during trading on Tuesday . The stock traded as high as $12.16 and last traded at $12.07. Approximately 8,107 shares traded hands during trading, a decline of 92% from the average session volume of 99,229 shares. The stock had previously closed at $11.51.
Wall Street Analysts Forecast Growth
Separately, Roth Capital upgraded ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 19th.
Read Our Latest Report on ADS-TEC Energy
ADS-TEC Energy Trading Up 2.0 %
The company's 50-day simple moving average is $14.11 and its 200-day simple moving average is $14.21.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in ADS-TEC Energy by 132.6% during the fourth quarter. JPMorgan Chase & Co. now owns 2,079 shares of the company's stock worth $32,000 after purchasing an additional 1,185 shares during the period. Bank of America Corp DE bought a new position in shares of ADS-TEC Energy during the 4th quarter worth approximately $53,000. GAMMA Investing LLC bought a new position in shares of ADS-TEC Energy during the 4th quarter worth approximately $69,000. Renaissance Technologies LLC acquired a new position in shares of ADS-TEC Energy in the fourth quarter valued at $313,000. Finally, Geode Capital Management LLC increased its stake in shares of ADS-TEC Energy by 15.0% during the third quarter. Geode Capital Management LLC now owns 31,801 shares of the company's stock worth $425,000 after purchasing an additional 4,154 shares during the period. 51.65% of the stock is currently owned by institutional investors and hedge funds.
About ADS-TEC Energy
(
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.
Featured Stories
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
