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

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

ADS-TEC Energy Price Performance

The business has a 50-day simple moving average of $14.57 and a 200 day simple moving average of $13.55.

Institutional Trading of ADS-TEC Energy

Institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC purchased a new stake in shares of ADS-TEC Energy during the fourth quarter worth about $69,000. Geode Capital Management LLC boosted its stake 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 buying an additional 4,154 shares during the last quarter. Finally, Mirabella Financial Services LLP boosted its stake 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 buying an additional 67,043 shares during the last quarter. Hedge funds and other institutional investors own 51.65% of the company’s stock.

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.