Shares of ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report) were up 5.3% on Friday . The stock traded as high as $12.16 and last traded at $12.61. Approximately 21,464 shares traded hands during trading, a decline of 79% from the average daily volume of 104,510 shares. The stock had previously closed at $11.97.
Analyst Ratings Changes
Separately, Roth Capital raised ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 19th.
Read Our Latest Analysis on ADSE
ADS-TEC Energy Stock Performance
The stock's 50 day moving average is $13.02 and its two-hundred day moving average is $14.02.
Institutional Investors Weigh In On ADS-TEC Energy
Several hedge funds have recently made changes to their positions in ADSE. JPMorgan Chase & Co. boosted its stake in shares of ADS-TEC Energy by 132.6% in the fourth quarter. JPMorgan Chase & Co. now owns 2,079 shares of the company's stock valued at $32,000 after buying an additional 1,185 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of ADS-TEC Energy during the 4th quarter worth about $53,000. Geode Capital Management LLC grew its stake 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 worth $552,000 after acquiring an additional 3,771 shares during the period. Renaissance Technologies LLC purchased a new position in ADS-TEC Energy during the fourth quarter worth about $313,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of ADS-TEC Energy in the fourth quarter worth approximately $621,000. Institutional investors and hedge funds own 51.65% of the company's stock.
About ADS-TEC Energy
(
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.
Read More
Before you consider ADS-TEC Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ADS-TEC Energy wasn't on the list.
While ADS-TEC Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
