ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $12.85, but opened at $11.97. ADS-TEC Energy shares last traded at $12.29, with a volume of 658 shares traded.
Wall Street Analyst Weigh In
Separately, Wall Street Zen cut ADS-TEC Energy from a "hold" rating to a "sell" rating in a report on Saturday, June 14th.
Check Out Our Latest Stock Report on ADS-TEC Energy
ADS-TEC Energy Trading Down 0.8%
The business has a 50-day simple moving average of $11.73 and a two-hundred day simple moving average of $13.14.
Institutional Investors Weigh In On ADS-TEC Energy
Hedge funds have recently added to or reduced their stakes in the business. Mirabella Financial Services LLP increased its position in ADS-TEC Energy by 1,521.8% during the 4th quarter. Mirabella Financial Services LLP now owns 11,067,883 shares of the company's stock worth $171,663,000 after buying an additional 10,385,428 shares during the period. Robert Bosch GmbH acquired a new position in ADS-TEC Energy during the fourth quarter worth about $162,273,000. GAMMA Investing LLC increased its position in ADS-TEC Energy by 1,420.5% during the 1st quarter. GAMMA Investing LLC now owns 67,875 shares of the company's stock worth $1,018,000 after purchasing an additional 63,411 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of ADS-TEC Energy in the 4th quarter valued at $621,000. Finally, Geode Capital Management LLC boosted its stake in shares of ADS-TEC Energy by 11.9% during the fourth quarter. Geode Capital Management LLC now owns 35,572 shares of the company's stock valued at $552,000 after purchasing an additional 3,771 shares in the last quarter. Institutional investors and hedge funds own 51.65% of the company's stock.
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.
Further Reading
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