Nel ASA (OTCMKTS:NLLSF) Trading 6.7% Higher – Time to Buy?

Nel ASA (OTCMKTS:NLLSFGet Free Report) shot up 6.7% during trading on Monday . The stock traded as high as $0.29 and last traded at $0.27. 42,723 shares were traded during mid-day trading, an increase of 62% from the average session volume of 26,408 shares. The stock had previously closed at $0.26.

Nel ASA Stock Performance

The stock has a 50-day simple moving average of $0.30 and a 200-day simple moving average of $0.43.

About Nel ASA

(Get Free Report)

Nel ASA, a hydrogen company, provides various solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses, trucks, and other on-road vehicles.

Further Reading

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