ADS-TEC Energy (NASDAQ:ADSEW) Shares Climb 15.5% – What’s Next?

Shares of ADS-TEC Energy PLC (NASDAQ:ADSEW – Get Free Report) traded up 15.5% during trading on Wednesday. The company traded as high as $0.26 and last traded at $0.2195. 119,072 shares changed hands during mid-day trading, an increase of 668% from the average daily volume of 15,505 shares. The stock had previously closed at $0.1901.

ADS-TEC Energy Price Performance

The business’s 50-day simple moving average is $0.38 and its two-hundred day simple moving average is $0.48.

ADS-TEC Energy Company Profile

(Get Free Report)

ADS-TEC Energy plc is a technology company focused on battery-based energy storage and electric vehicle charging infrastructure. Through its subsidiaries, the company develops systems designed to support fast and ultra-fast charging in locations where the local power grid may not have sufficient capacity for conventional high-power charging equipment.

Its product portfolio includes the ChargePost, a battery-buffered charging system that combines energy storage, high-power charging and grid services, and the ChargeBox, a compact charging and storage solution.

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