ADS-TEC Energy PLC (NASDAQ:ADSE - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $9.00, but opened at $9.74. ADS-TEC Energy shares last traded at $9.22, with a volume of 73,939 shares.
Analysts Set New Price Targets
Separately, Roth Capital raised ADS-TEC Energy from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 19th.
Check Out Our Latest Report on ADS-TEC Energy
ADS-TEC Energy Stock Performance
The company has a 50 day simple moving average of $12.45 and a two-hundred day simple moving average of $13.88.
Institutional Investors Weigh In On ADS-TEC Energy
Several institutional investors have recently made changes to their positions in ADSE. Raymond James Financial Inc. acquired a new stake in ADS-TEC Energy in the 4th quarter worth approximately $621,000. JPMorgan Chase & Co. lifted its holdings in ADS-TEC Energy by 132.6% in the 4th quarter. JPMorgan Chase & Co. now owns 2,079 shares of the company's stock worth $32,000 after purchasing an additional 1,185 shares during the last quarter. Geode Capital Management LLC lifted its holdings in ADS-TEC Energy by 11.9% in the 4th quarter. Geode Capital Management LLC now owns 35,572 shares of the company's stock worth $552,000 after purchasing an additional 3,771 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in ADS-TEC Energy in the 4th quarter worth approximately $313,000. Finally, Mirabella Financial Services LLP lifted its holdings in ADS-TEC Energy by 1,521.8% in the 4th quarter. Mirabella Financial Services LLP now owns 11,067,883 shares of the company's stock worth $171,663,000 after purchasing an additional 10,385,428 shares during the last quarter. 51.65% of the stock is currently owned by institutional investors and hedge funds.
About ADS-TEC Energy
(
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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