PowerCell Sweden AB (publ) (OTCMKTS:PCELF) Trading Up 40.9% – Still a Buy?

PowerCell Sweden AB (publ) (OTCMKTS:PCELF)’s share price was up 40.9% on Friday . The company traded as high as $3.10 and last traded at $3.10. Approximately 240 shares traded hands during trading, a decline of 83% from the average daily volume of 1,418 shares. The stock had previously closed at $2.20.

PowerCell Sweden AB (publ) Stock Performance

The business has a 50-day simple moving average of $2.22 and a two-hundred day simple moving average of $2.47.

About PowerCell Sweden AB (publ)

PowerCell Sweden AB (publ) develops and produces fuel cells stacks and fuel cell systems in Sweden, Germany, the United States, Netherlands, the United States, Norway, and internationally. It operates through Aviation, Marine, Off-Road, On-Road, And Power Generation segments. The company offers Power Generation 5, a system that is used for integration with the customized output to a certain power and voltage target; Power Generation System 200, a compact fuel cell system that operates low inlet pressures for various renewable fuels; and Power Generation System 100, a fuel cell system that enables durable and flexible use, with an electric output of up to 100 kW specifically designed to accomplish compact integration together with a high-power output and robust construction.