ADS-TEC Energy (NASDAQ:ADSE) Shares Down 4.6% – Time to Sell?

Shares of ADS-TEC Energy PLC (NASDAQ:ADSEGet Free Report) traded down 4.6% on Friday . The company traded as low as $13.85 and last traded at $14.00. 85,515 shares were traded during mid-day trading, an increase of 16% from the average session volume of 73,858 shares. The stock had previously closed at $14.67.

ADS-TEC Energy Price Performance

The firm has a 50-day simple moving average of $12.78 and a 200-day simple moving average of $11.91.

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) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. 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.

Further Reading

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