ADS-TEC Energy (NASDAQ:ADSE – Get Free Report) was upgraded by equities research analysts at Roth Capital from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.
ADS-TEC Energy Stock Performance
NASDAQ ADSE opened at $14.92 on Wednesday. The company’s fifty day moving average is $15.03 and its two-hundred day moving average is $13.85. ADS-TEC Energy has a 52-week low of $8.41 and a 52-week high of $16.35.
Institutional Trading of ADS-TEC Energy
Institutional investors have recently made changes to their positions in the business. Mirabella Financial Services LLP boosted its position in shares of ADS-TEC Energy by 10.9% during the 3rd quarter. Mirabella Financial Services LLP now owns 682,455 shares of the company’s stock valued at $9,131,000 after acquiring an additional 67,043 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of ADS-TEC Energy during the 4th quarter valued at about $69,000. Geode Capital Management LLC boosted its position in shares of ADS-TEC Energy by 15.0% during the 3rd quarter. Geode Capital Management LLC now owns 31,801 shares of the company’s stock valued at $425,000 after acquiring an additional 4,154 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of ADS-TEC Energy during the 4th quarter valued at about $53,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of ADS-TEC Energy during the 4th quarter valued at about $621,000. 51.65% of the stock is currently owned by institutional investors and hedge funds.
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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