ADS-TEC Energy (NASDAQ:ADSE) Trading 5.9% Higher

ADS-TEC Energy PLC (NASDAQ:ADSE)’s stock price traded up 5.9% during mid-day trading on Friday . The company traded as high as $13.50 and last traded at $12.68. 294,532 shares changed hands during mid-day trading, an increase of 379% from the average session volume of 61,502 shares. The stock had previously closed at $11.97.

Analyst Ratings Changes

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

ADS-TEC Energy Trading Up 4.8 %

The company’s 50-day simple moving average is $11.01 and its 200 day simple moving average is $9.53.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ADS-TEC Energy stock. Crewe Advisors LLC purchased a new position in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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.