ADS-TEC Energy (NASDAQ:ADSE) Stock Price Up 7.3% – Time to Buy?

Shares of ADS-TEC Energy PLC (NASDAQ:ADSE) rose 7.3% on Tuesday . The stock traded as high as $11.32 and last traded at $11.5660. Approximately 2,202 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 10,560 shares. The stock had previously closed at $10.78.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of ADS-TEC Energy in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

ADS-TEC Energy Stock Up 8.9%

The firm has a fifty day moving average price of $11.08 and a 200 day moving average price of $11.28.

Institutional Trading of ADS-TEC Energy

Several hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets raised its holdings in ADS-TEC Energy by 1,205.5% during the third quarter. BNP Paribas Financial Markets now owns 2,611 shares of the company’s stock worth $31,000 after purchasing an additional 2,411 shares during the last quarter. Bank of America Corp DE acquired a new position in ADS-TEC Energy during the fourth quarter worth $53,000. JPMorgan Chase & Co. raised its holdings in ADS-TEC Energy by 33.3% during the second quarter. JPMorgan Chase & Co. now owns 12,552 shares of the company’s stock worth $173,000 after purchasing an additional 3,133 shares during the last quarter. First Trust Advisors LP raised its stake in shares of ADS-TEC Energy by 2.4% during the 2nd quarter. First Trust Advisors LP now owns 136,682 shares of the company’s stock worth $1,886,000 after buying an additional 3,183 shares during the last quarter. Finally, Anson Funds Management LP raised its stake in shares of ADS-TEC Energy by 224.2% during the 3rd quarter. Anson Funds Management LP now owns 305,653 shares of the company’s stock worth $3,668,000 after buying an additional 211,360 shares during the last quarter. 51.65% of the stock is owned by institutional investors and hedge funds.

ADS-TEC Energy Company Profile

ADS-TEC Energy GmbH is a Germany-based developer of advanced energy storage systems and high-power electric vehicle (EV) charging solutions. Founded in 2009, the company specializes in modular, scalable battery technologies designed to enhance grid stability and support the integration of renewable energy sources through its patented Prism storage cell technology.

ADS-TEC Energy’s product range includes turnkey containerized storage units, Smart Batteries with integrated energy management, and high-speed charging stations equipped with onboard energy buffers.