ADS-TEC Energy PLC (NASDAQ:ADSE – Get Free Report) shares were down 5.7% during trading on Friday . The stock traded as low as $13.44 and last traded at $13.53. Approximately 37,656 shares changed hands during mid-day 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 Price Performance
The company has a 50 day moving average price of $13.02 and a 200 day moving average price of $12.14.
Hedge Funds Weigh In On ADS-TEC Energy
A hedge fund recently bought a new stake in ADS-TEC Energy stock. Crewe Advisors LLC bought a new position in ADS-TEC Energy PLC (NASDAQ:ADSE – Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,200 shares of the company’s stock, valued at approximately $149,000. 51.65% of the stock is owned by institutional investors.
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.
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