Nel ASA (OTCMKTS:NLLSF – Get Free Report) shares crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $0.19 and traded as high as $0.1950. Nel ASA shares last traded at $0.1950, with a volume of 500 shares.
Nel ASA Trading Up 30.0%
The firm’s 50 day simple moving average is $0.19 and its 200-day simple moving average is $0.23.
Nel ASA Company Profile
Nel ASA is a Norway-based company that develops and supplies technology for the production, storage and distribution of renewable hydrogen. Its solutions are designed for applications including industrial processes, transportation, energy storage and other sectors seeking to reduce carbon emissions. The company’s products include alkaline and proton exchange membrane (PEM) electrolyzers, which use electricity to produce hydrogen from water, as well as hydrogen fueling equipment and complete fueling stations for passenger vehicles, commercial fleets and other mobility applications.
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