ADS-TEC Energy's (ADSE) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• ADS-TEC Energy's stock received a "sell (D-)" rating reaffirmed by Weiss Ratings, indicating continued concerns from analysts regarding the company's performance.
• In contrast, Wall Street Zen upgraded ADS-TEC shares from a "sell" to a "hold" rating, reflecting mixed sentiment among analysts with a current average rating of "Moderate Buy."
• The stock is currently trading at $11.70, showing a recent increase of 1.9%, with institutional investors actively buying and selling shares, indicating fluctuating investor interest.

ADS-TEC Energy (NASDAQ:ADSE - Get Free Report)'s stock had its "sell (d-)" rating reiterated by research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of ADS-TEC Energy from a "sell" rating to a "hold" rating in a report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, ADS-TEC Energy has an average rating of "Moderate Buy".

ADS-TEC Energy Trading Up 1.9%

ADS-TEC Energy stock traded up $0.22 during mid-day trading on Wednesday, hitting $11.70. 31,484 shares of the company traded hands, compared to its average volume of 107,252. ADS-TEC Energy has a one year low of $7.89 and a one year high of $16.35. The stock has a fifty day moving average price of $11.08 and a 200-day moving average price of $11.92.

Institutional Trading of ADS-TEC Energy

Institutional investors have recently bought and sold shares of the company. Bank of America Corp DE purchased a new stake in shares of ADS-TEC Energy during the 4th quarter valued at about $53,000. GAMMA Investing LLC boosted its holdings in shares of ADS-TEC Energy by 1,420.5% during the 1st quarter. GAMMA Investing LLC now owns 67,875 shares of the company's stock valued at $1,018,000 after acquiring an additional 63,411 shares during the last quarter. Simplex Trading LLC purchased a new stake in shares of ADS-TEC Energy during the 2nd quarter valued at about $83,000. JPMorgan Chase & Co. boosted its holdings in shares of ADS-TEC Energy by 33.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,552 shares of the company's stock valued at $173,000 after acquiring an additional 3,133 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of ADS-TEC Energy by 2.4% in the 2nd quarter. First Trust Advisors LP now owns 136,682 shares of the company's stock worth $1,886,000 after purchasing an additional 3,183 shares during the period. 51.65% of the stock is owned by hedge funds and other institutional investors.

About ADS-TEC Energy

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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