Nel ASA (OTCMKTS:NLLSF) Trading Up 1.1% – Time to Buy?

Nel ASA (OTCMKTS:NLLSFGet Free Report) traded up 1.1% during trading on Tuesday . The stock traded as high as $0.24 and last traded at $0.2269. 108,578 shares changed hands during mid-day trading, an increase of 271% from the average session volume of 29,256 shares. The stock had previously closed at $0.2245.

Nel ASA Stock Performance

The firm has a 50 day moving average price of $0.23 and a 200-day moving average price of $0.24.

Nel ASA Company Profile

(Get Free Report)

Nel ASA (OTCMKTS:NLLSF) is a Norwegian company specializing in hydrogen production and distribution solutions. The company develops and manufactures water electrolysers and hydrogen fueling stations designed to enable a scalable hydrogen infrastructure for industrial, energy and mobility applications. With a focus on green hydrogen, Nel ASA supports the transition to cleaner energy by providing technology that produces hydrogen through electrolysis powered by renewable electricity.

Nel’s product portfolio includes both alkaline and proton exchange membrane (PEM) electrolysers, catering to a variety of capacity and purity requirements.

Further Reading

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