ADS-TEC Energy (NASDAQ:ADSE) Reaches New 52-Week High at $13.50

ADS-TEC Energy PLC (NASDAQ:ADSE) hit a new 52-week high during trading on Friday . The company traded as high as $13.50 and last traded at $13.39, with a volume of 39341 shares trading hands. The stock had previously closed at $13.16.

Wall Street Analyst Weigh In

Separately, Roth Mkm reissued a “neutral” rating and issued a $14.00 price objective on shares of ADS-TEC Energy in a report on Wednesday, May 15th.

ADS-TEC Energy Stock Performance

The stock’s 50 day moving average is $12.52 and its 200 day moving average is $11.30.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ADS-TEC Energy stock. Crewe Advisors LLC acquired a new stake in ADS-TEC Energy PLC (NASDAQ:ADSE) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,200 shares of the company’s stock, valued at approximately $149,000. 51.65% of the stock is owned by institutional investors and hedge funds.

ADS-TEC Energy Company Profile

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.