ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $13.75 and last traded at $13.65, with a volume of 275781 shares changing hands. The stock had previously closed at $13.49.
Analyst Upgrades and Downgrades
Separately, Roth Capital upgraded shares of ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 19th.
View Our Latest Report on ADS-TEC Energy
ADS-TEC Energy Stock Performance
The firm's 50-day simple moving average is $13.54 and its 200 day simple moving average is $14.17.
Hedge Funds Weigh In On ADS-TEC Energy
A number of institutional investors have recently added to or reduced their stakes in ADSE. JPMorgan Chase & Co. raised its stake in 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 acquiring an additional 1,185 shares during the period. Bank of America Corp DE acquired a new stake in shares of ADS-TEC Energy in the 4th quarter valued at approximately $53,000. GAMMA Investing LLC acquired a new position in ADS-TEC Energy during the 4th quarter worth approximately $69,000. Renaissance Technologies LLC acquired a new stake in ADS-TEC Energy in the fourth quarter valued at approximately $313,000. Finally, Geode Capital Management LLC raised its position 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 purchasing an additional 4,154 shares during the last quarter. 51.65% of the stock is currently owned by institutional investors and hedge funds.
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.
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