Shares of ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $11.20, but opened at $11.80. ADS-TEC Energy shares last traded at $11.26, with a volume of 1,426 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 research report on Saturday, June 14th.
Check Out Our Latest Stock Report on ADSE
ADS-TEC Energy Stock Down 4.4%
The stock's fifty day moving average price is $12.07 and its 200 day moving average price is $13.53.
Institutional Investors Weigh In On ADS-TEC Energy
Several institutional investors have recently bought and sold shares of the stock. Mirabella Financial Services LLP boosted its holdings in shares of ADS-TEC Energy by 1,521.8% during the fourth quarter. Mirabella Financial Services LLP now owns 11,067,883 shares of the company's stock worth $171,663,000 after purchasing an additional 10,385,428 shares during the period. Robert Bosch GmbH purchased a new stake in ADS-TEC Energy in the 4th quarter worth approximately $162,273,000. GAMMA Investing LLC grew its position in shares of ADS-TEC Energy by 1,420.5% in the 1st quarter. GAMMA Investing LLC now owns 67,875 shares of the company's stock worth $1,018,000 after buying an additional 63,411 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of ADS-TEC Energy during the fourth quarter valued at approximately $621,000. Finally, Geode Capital Management LLC raised its holdings 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 acquiring an additional 3,771 shares in the last quarter. 51.65% of the stock is currently owned by hedge funds and other institutional investors.
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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