ADS-TEC Energy (NASDAQ:ADSE) Reaches New 12-Month High – Should You Buy?

ADS-TEC Energy PLC (NASDAQ:ADSEGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $13.60 and last traded at $13.51, with a volume of 54712 shares. The stock had previously closed at $13.32.

ADS-TEC Energy Trading Up 0.5 %

The company’s 50-day moving average is $12.64 and its 200 day moving average is $11.78.

Institutional Investors Weigh In On ADS-TEC Energy

An institutional investor recently bought a new position in ADS-TEC Energy stock. Crewe Advisors LLC purchased a new position in ADS-TEC Energy PLC (NASDAQ:ADSEFree Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,200 shares of the company’s stock, valued at approximately $149,000. 51.65% of the stock is currently owned by hedge funds and other institutional investors.

About ADS-TEC Energy

(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.

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