(VIANEWS) – Shares of NEL (Oslo Børs Benchmark Index_GI: NEL.OL) jumped by a staggering 14.33% to kr13.72 at 11:37 EST on Thursday, after five successive sessions in a row of losses. Oslo Børs Benchmark Index_GI is jumping 0.83% to kr1,214.81, following the last session’s upward trend. This seems, so far, a somewhat bullish trend trading session today.
NEL’s last close was kr12.00, 36.68% under its 52-week high of kr18.95.
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 produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, include cars, buses, trucks, and other applications. The Nel Hydrogen Electrolyser segment supplies hydrogen production equipment based on alkaline and proton exchange membrane water electrolysis technology. It serves industry, 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-0.76.
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 -22.33%.
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