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ADS-TEC Energy (NASDAQ:ADSE) Sets New 52-Week High - Should You Buy?

ADS-TEC Energy logo with Business Services background

Shares of ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $15.09 and last traded at $15.09, with a volume of 37739 shares changing hands. The stock had previously closed at $14.50.

ADS-TEC Energy Trading Down 0.6 %

The stock's 50-day simple moving average is $12.94 and its 200 day simple moving average is $12.09.

Hedge Funds Weigh In On ADS-TEC Energy

An institutional investor recently bought a new position in ADS-TEC Energy stock. Crewe Advisors LLC bought a new stake in ADS-TEC Energy PLC (NASDAQ:ADSE - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 14,200 shares of the company's stock, valued at approximately $149,000. 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.

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