ADS-TEC Energy (NASDAQ:ADSE) Reaches New 12-Month High – What’s Next?

ADS-TEC Energy PLC (NASDAQ:ADSE) hit a new 52-week high on Wednesday . The stock traded as high as $16.32 and last traded at $15.71, with a volume of 358 shares changing hands. The stock had previously closed at $15.61.

ADS-TEC Energy Stock Up 0.8 %

The business has a 50-day moving average of $14.39 and a 200-day moving average of $13.45.

Institutional Investors Weigh In On ADS-TEC Energy

Several large investors have recently made changes to their positions in the stock. GAMMA Investing LLC acquired a new stake in ADS-TEC Energy in the 4th quarter valued at about $69,000. Geode Capital Management LLC raised its stake in ADS-TEC Energy by 15.0% in the 3rd quarter. Geode Capital Management LLC now owns 31,801 shares of the company’s stock valued at $425,000 after acquiring an additional 4,154 shares during the period. Finally, Mirabella Financial Services LLP boosted its position in ADS-TEC Energy by 10.9% during the third quarter. Mirabella Financial Services LLP now owns 682,455 shares of the company’s stock worth $9,131,000 after purchasing an additional 67,043 shares during the period. Institutional investors and hedge funds 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.