ADS-TEC Energy (NASDAQ:ADSE) Trading 7.7% Higher – What’s Next?

ADS-TEC Energy PLC (NASDAQ:ADSE)’s stock price rose 7.7% during trading on Tuesday . The company traded as high as $14.83 and last traded at $14.57. Approximately 77,477 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 75,056 shares. The stock had previously closed at $13.53.

ADS-TEC Energy Trading Up 6.4 %

The business’s fifty day moving average price is $12.79 and its 200-day moving average price is $11.95.

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 stake in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,200 shares of the company’s stock, valued at approximately $149,000. 51.65% of the stock is currently owned by institutional investors and hedge funds.

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.