ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 169,763 shares traded hands during trading, an increase of 61% from the previous session's volume of 105,182 shares.The stock last traded at $12.62 and had previously closed at $12.99.
Analyst Upgrades and Downgrades
Separately, Roth Capital raised ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 19th.
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ADS-TEC Energy Trading Down 16.0%
The business has a fifty day moving average price of $12.87 and a 200 day moving average price of $13.99.
Hedge Funds Weigh In On ADS-TEC Energy
Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in shares of ADS-TEC Energy by 132.6% during the 4th 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 ADS-TEC Energy during the fourth quarter valued at about $53,000. Geode Capital Management LLC raised its holdings in ADS-TEC Energy by 11.9% in the 4th quarter. Geode Capital Management LLC now owns 35,572 shares of the company's stock valued at $552,000 after acquiring an additional 3,771 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of ADS-TEC Energy in the 4th quarter worth approximately $313,000. Finally, Raymond James Financial Inc. acquired a new position in shares of ADS-TEC Energy in the fourth quarter valued at $621,000. 51.65% of the stock is currently owned by institutional investors and hedge funds.
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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