Nel ASA (OTCMKTS:NLLSF) Trading Up 1.2% – Should You Buy?

Nel ASA (OTCMKTS:NLLSFGet Free Report) rose 1.2% during mid-day trading on Thursday . The company traded as high as $0.25 and last traded at $0.25. Approximately 22,000 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 28,375 shares. The stock had previously closed at $0.25.

Nel ASA Price Performance

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

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.

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