ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) shares traded down 2.5% during trading on Friday . The company traded as low as $13.64 and last traded at $13.70. 23,736 shares were traded during trading, a decline of 85% from the average session volume of 161,193 shares. The stock had previously closed at $14.05.
Wall Street Analyst Weigh In
Separately, Roth Capital raised ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 19th.
Check Out Our Latest Report on ADSE
ADS-TEC Energy Stock Down 0.5 %
The company has a fifty day moving average price of $14.99 and a 200-day moving average price of $14.07.
Hedge Funds Weigh In On ADS-TEC Energy
Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in shares of ADS-TEC Energy by 132.6% in the 4th quarter. JPMorgan Chase & Co. now owns 2,079 shares of the company's stock valued at $32,000 after purchasing an additional 1,185 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of ADS-TEC Energy in the fourth quarter valued at approximately $53,000. GAMMA Investing LLC purchased a new stake in shares of ADS-TEC Energy in the fourth quarter valued at approximately $69,000. Renaissance Technologies LLC acquired a new position in ADS-TEC Energy in the fourth quarter valued at approximately $313,000. Finally, Geode Capital Management LLC lifted its holdings in ADS-TEC Energy by 15.0% in the third quarter. Geode Capital Management LLC now owns 31,801 shares of the company's stock valued at $425,000 after acquiring an additional 4,154 shares during the last quarter. Institutional investors and hedge funds own 51.65% of the company's stock.
About ADS-TEC Energy
(
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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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