Nel ASA (OTCMKTS:NLLSF) Stock Price Down 7.6% – Should You Sell?

Nel ASA (OTCMKTS:NLLSFGet Free Report)’s share price was down 7.6% during mid-day trading on Wednesday . The company traded as low as $0.21 and last traded at $0.21. Approximately 4,050 shares were traded during trading, a decline of 89% from the average daily volume of 35,373 shares. The stock had previously closed at $0.23.

Nel ASA Price Performance

The stock’s 50-day moving average price is $0.23 and its 200 day moving average price is $0.36.

Nel ASA Company Profile

(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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