ADS-TEC Energy (NASDAQ:ADSE) Trading Down 2.6% – Here’s Why

Shares of ADS-TEC Energy PLC (NASDAQ:ADSE) traded down 2.6% during mid-day trading on Friday . The company traded as low as $12.85 and last traded at $12.85. 17,967 shares were traded during trading, a decline of 75% from the average session volume of 71,368 shares. The stock had previously closed at $13.19.

ADS-TEC Energy Trading Up 0.5 %

The firm has a fifty day moving average price of $12.63 and a 200 day moving average price of $11.75.

Institutional Investors Weigh In On ADS-TEC Energy

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