ADS-TEC Energy (NASDAQ:ADSE) Shares Gap Down to $12.69

Shares of ADS-TEC Energy PLC (NASDAQ:ADSEGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $12.69, but opened at $12.32. ADS-TEC Energy shares last traded at $12.49, with a volume of 8,297 shares.

ADS-TEC Energy Stock Performance

The company’s 50 day moving average price is $12.48 and its 200 day moving average price is $11.57.

Institutional Investors Weigh In On 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:ADSEFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 14,200 shares of the company’s stock, valued at approximately $149,000. Institutional investors own 51.65% of the company’s stock.

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.

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