ADS-TEC Energy (NASDAQ:ADSE) Stock Price Down 5.2%

ADS-TEC Energy PLC (NASDAQ:ADSE)’s stock price dropped 5.2% on Monday . The company traded as low as $11.35 and last traded at $11.68. Approximately 15,175 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 62,157 shares. The stock had previously closed at $12.32.

Analysts Set New Price Targets

Separately, Roth Mkm reaffirmed a “neutral” rating and issued a $14.00 price target on shares of ADS-TEC Energy in a research note on Wednesday, May 15th.

ADS-TEC Energy Stock Up 0.7 %

The business’s 50 day moving average price is $11.44 and its two-hundred day moving average price is $10.08.

Institutional Trading of ADS-TEC Energy

An institutional investor recently bought a new position in ADS-TEC Energy stock. Crewe Advisors LLC bought a new stake in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,200 shares of the company’s stock, valued at approximately $149,000. Institutional investors own 51.65% of the company’s stock.

ADS-TEC Energy Company Profile

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.