ADS-TEC Energy (NASDAQ:ADSE) Reaches New 1-Year High – Time to Buy?

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

ADS-TEC Energy Trading Up 1.1 %

The stock has a fifty day moving average price of $14.61 and a two-hundred day moving average price of $13.57.

Institutional Trading of ADS-TEC Energy

A number of institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC lifted its position in shares of ADS-TEC Energy by 15.0% during 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. GAMMA Investing LLC acquired a new position in ADS-TEC Energy in the fourth quarter valued at about $69,000. Finally, Mirabella Financial Services LLP lifted 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 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.