(VIANEWS) – The Market ended the session with NEL (NEL.OL) rising 15.15% to kr8.53 on Tuesday, after three consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI fell 0.03% to kr1,433.82, following the last session’s upward trend on what was a somewhat down trend exchanging session today.
NEL’s last close was kr7.41, 49.52% below its 52-week high of kr14.68.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NEL’s stock is considered to be oversold (<=20).
Sales Growth
NEL’s sales growth for the current quarter is 6%.
Yearly Top and Bottom Value
NEL’s stock is valued at kr8.53 at 22:33 EST, way under its 52-week high of kr14.68 and way above its 52-week low of kr4.23.
Volume
Today’s last reported volume for NEL is 23585100 which is 166.82% above its average volume of 8839020.
More news about NEL (NEL.OL).
