ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) shot up 5.8% during mid-day trading on Friday . The company traded as high as $11.53 and last traded at $11.18. 17,491 shares were traded during mid-day trading, a decline of 84% from the average session volume of 108,457 shares. The stock had previously closed at $10.57.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on ADSE. Wall Street Zen cut ADS-TEC Energy from a "hold" rating to a "sell" rating in a research report on Saturday. Roth Capital raised ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 19th.
View Our Latest Stock Analysis on ADSE
ADS-TEC Energy Trading Up 9.1%
The firm has a fifty day moving average price of $12.28 and a 200-day moving average price of $13.76.
Institutional Trading of ADS-TEC Energy
Several hedge funds and other institutional investors have recently bought and sold shares of ADSE. JPMorgan Chase & Co. boosted its position in shares of ADS-TEC Energy by 132.6% during the fourth quarter. JPMorgan Chase & Co. now owns 2,079 shares of the company's stock worth $32,000 after buying an additional 1,185 shares during the period. Bank of America Corp DE acquired a new position in ADS-TEC Energy during the fourth quarter valued at $53,000. Renaissance Technologies LLC purchased a new position in ADS-TEC Energy in the fourth quarter valued at about $313,000. Geode Capital Management LLC grew its stake in ADS-TEC Energy by 11.9% in 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. Finally, Raymond James Financial Inc. bought a new stake in shares of ADS-TEC Energy during the 4th quarter worth about $621,000. 51.65% of the stock is owned by institutional investors.
About ADS-TEC Energy
(
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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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