ADS-TEC Energy (NASDAQ:ADSE) Shares Gap Up to $10.13

ADS-TEC Energy PLC (NASDAQ:ADSEGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $10.13, but opened at $11.00. ADS-TEC Energy shares last traded at $11.00, with a volume of 1,075 shares trading hands.

ADS-TEC Energy Stock Performance

The stock’s 50-day moving average price is $8.57 and its two-hundred day moving average price is $7.49.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. lifted its stake in shares of ADS-TEC Energy by 362.8% during the 2nd quarter. Osaic Holdings Inc. now owns 5,230 shares of the company’s stock valued at $33,000 after buying an additional 4,100 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of ADS-TEC Energy during the 1st quarter valued at approximately $65,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of ADS-TEC Energy during the 3rd quarter valued at approximately $134,000. Geode Capital Management LLC lifted its stake in shares of ADS-TEC Energy by 53.3% during the 2nd quarter. Geode Capital Management LLC now owns 22,551 shares of the company’s stock valued at $144,000 after buying an additional 7,842 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of ADS-TEC Energy by 60.0% during the 1st quarter. Northern Trust Corp now owns 32,000 shares of the company’s stock valued at $276,000 after buying an additional 12,000 shares in the last quarter. 10.85% of the stock is owned by institutional investors.

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

Receive News & Ratings for ADS-TEC Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADS-TEC Energy and related companies with MarketBeat.com's FREE daily email newsletter.