ADS-TEC Energy (NASDAQ:ADSE) Hits New 1-Year High – What’s Next?

ADS-TEC Energy PLC (NASDAQ:ADSE)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $16.25 and last traded at $16.04, with a volume of 21395 shares. The stock had previously closed at $15.98.

ADS-TEC Energy Stock Up 0.8 %

The company has a fifty day simple moving average of $14.57 and a 200 day simple moving average of $13.55.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC increased its position in ADS-TEC Energy by 15.0% during the third 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 last quarter. GAMMA Investing LLC purchased a new stake in ADS-TEC Energy during the fourth quarter valued at $69,000. Finally, Mirabella Financial Services LLP increased 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 valued at $9,131,000 after acquiring an additional 67,043 shares during the last quarter. 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.