ADS-TEC Energy (NASDAQ:ADSE) Shares Gap Up to $12.24

ADS-TEC Energy PLC (NASDAQ:ADSEGet Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $12.24, but opened at $12.62. ADS-TEC Energy shares last traded at $12.62, with a volume of 2,132 shares changing hands.

Analyst Ratings Changes

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

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ADS-TEC Energy Price Performance

The company’s fifty day moving average price is $12.60 and its two-hundred day moving average price is $11.44.

Hedge Funds Weigh In On ADS-TEC Energy

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

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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