Nel ASA (OTCMKTS:NLLSF) Shares Up 0.9% – Here’s What Happened

Nel ASA (OTCMKTS:NLLSF) traded up 0.9% on Wednesday . The stock traded as high as $0.2304 and last traded at $0.2304. 2,496 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 12,085 shares. The stock had previously closed at $0.2283.

Nel ASA Trading Up 0.9%

The company’s fifty day moving average price is $0.23 and its 200-day moving average price is $0.24.

Nel ASA Company Profile

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.