ADS-TEC Energy (NASDAQ:ADSE) Stock Price Down 5.7% – What’s Next?

ADS-TEC Energy PLC (NASDAQ:ADSE)’s stock price dropped 5.7% during mid-day trading on Friday . The stock traded as low as $13.44 and last traded at $13.53. Approximately 37,656 shares changed hands during trading, a decline of 51% from the average daily volume of 77,034 shares. The stock had previously closed at $14.35.

ADS-TEC Energy Trading Down 4.6 %

The company has a 50-day moving average of $13.02 and a 200-day moving average of $12.14.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ADS-TEC Energy stock. Crewe Advisors LLC acquired a new position in ADS-TEC Energy PLC (NASDAQ:ADSE) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 14,200 shares of the company’s stock, valued at approximately $149,000. 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.