ADS-TEC Energy (NASDAQ:ADSE) Shares Up 7.7% – Still a Buy?

ADS-TEC Energy PLC (NASDAQ:ADSE)’s stock price traded up 7.7% on Tuesday . The stock traded as high as $14.83 and last traded at $14.57. 77,477 shares were traded during trading, an increase of 3% from the average session volume of 75,056 shares. The stock had previously closed at $13.53.

ADS-TEC Energy Stock Performance

The company has a 50-day simple moving average of $12.86 and a two-hundred day simple moving average of $11.99.

Institutional Trading of ADS-TEC Energy

A hedge fund recently bought a new stake in ADS-TEC Energy stock. Crewe Advisors LLC acquired a new position in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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.

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.