ADS-TEC Energy (NASDAQ:ADSE) Sets New 52-Week High at $11.50

Shares of ADS-TEC Energy PLC (NASDAQ:ADSE) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $11.50 and last traded at $11.48, with a volume of 66293 shares. The stock had previously closed at $11.41.

Analyst Upgrades and Downgrades

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

ADS-TEC Energy Stock Up 1.2 %

The business’s 50 day moving average is $10.98 and its two-hundred day moving average is $9.50.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ADS-TEC Energy stock. Crewe Advisors LLC purchased a new stake in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) in the first quarter, according to its most recent 13F filing with the SEC. The fund purchased 14,200 shares of the company’s stock, valued at approximately $149,000. 51.65% of the stock is currently owned by hedge funds and other 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.