NEL Stock Bullish Momentum With A 15.15% Jump Today

(VIANEWS) – The Market ended the session with NEL (NEL.OL) rising 15.15% to kr7.18 on Thursday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI jumped 0.47% to kr1,424.98, following the last session’s downward trend on what was a somewhat bullish trend trading session today.

NEL’s last close was kr6.23, 59.28% under its 52-week high of kr15.30.

About NEL

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. The Nel Hydrogen Electrolyser segment supplies hydrogen production equipment based on alkaline and proton exchange membrane water electrolysis technology. It serves industries, energy, and gas companies. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, NEL has a trailing twelve months EPS of kr-0.41.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -10.47%.

Sales Growth

NEL’s sales growth for the current quarter is 6%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 60% and 42.9%, respectively.

Volatility

NEL’s last week, last month’s, and last quarter’s current intraday variation average was 2.37%, 1.81%, and 3.26%.

NEL’s highest amplitude of average volatility was 2.85% (last week), 3.28% (last month), and 3.26% (last quarter).

More news about NEL (NEL.OL).

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