Ads-Tec Energy Plc (NASDAQ:ADSE) price on Thursday, March 28, rose 1.26% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $10.48.
A look at the stock’s price movement, the close in the last trading session was $10.35. The beta value (5-Year monthly) was 0.50. Turning to its 52-week performance, $11.48 and $1.90 were the 52-week high and 52-week low respectively. Overall, ADSE moved 3.76% over the past month.
Ads-Tec Energy Plc’s market cap currently stands at around $512.68 million.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that ADSE is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
ADSE’s current price about -1.02% and 14.39% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 54.23, while 7-day volatility ratio is 5.87% and 8.56% in the 30-day chart. Further, Ads-Tec Energy Plc (ADSE) has a beta value of 0.47, and an average true range (ATR) of 0.72.
If we refocus on Ads-Tec Energy Plc (NASDAQ:ADSE), historical trading data shows that trading volumes averaged 72890.0 over the past 10 days and 81.91K over the past 3 months. The company’s latest data on shares outstanding shows there are 48.88 million shares.
The 59.42% of Ads-Tec Energy Plc’s shares are in the hands of company insiders while institutional holders own 13.47% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.12 million on Mar 15, 2024, giving us a short ratio of 2.37. The data shows that as of Mar 15, 2024 short interest in Ads-Tec Energy Plc (ADSE) stood at 0.23% of shares outstanding, with shares short rising to 81800.0 registered in Feb 15, 2024. Current price change has pushed the stock 46.57% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ADSE stock continues to rise going into the next quarter.
