ADS-TEC Energy (NASDAQ:ADSE) Stock Price Up 7.7% – Here’s Why

ADS-TEC Energy PLC (NASDAQ:ADSEGet Free Report)’s stock price was up 7.7% during trading on Tuesday . The stock traded as high as $14.83 and last traded at $14.57. Approximately 77,477 shares traded hands during 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 Stock Performance

The stock’s fifty day moving average price is $12.79 and its two-hundred 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 acquired a new stake in shares of ADS-TEC Energy PLC (NASDAQ:ADSEFree Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 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

(Get Free Report)

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.

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