NEL Stock 10.68% Up Today

(VIANEWS) – The Market ended the session with NEL (NEL.OL) rising 10.68% to kr6.03 on Tuesday while Oslo Børs Benchmark Index_GI jumped 0.13% to kr1,352.65.

NEL’s last close was kr5.45, 64.38% 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-0.52.

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 -14.69%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 41.7% and 60%, respectively.

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).

Volatility

NEL’s last week, last month’s, and last quarter’s current intraday variation average was 3.19%, 0.81%, and 2.70%.

NEL’s highest amplitude of average volatility was 4.33% (last week), 2.68% (last month), and 2.70% (last quarter).

Volume

Today’s last reported volume for NEL is 6982970 which is 19.8% below its average volume of 8707210.

More news about NEL (NEL.OL).

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