Nel ASA (OTCMKTS:NLLSF) Stock Price Up 0.9% – Here’s Why

Nel ASA (OTCMKTS:NLLSFGet Free Report) rose 0.9% during mid-day trading on Friday . The stock traded as high as $0.27 and last traded at $0.26. Approximately 22,360 shares were traded during trading, a decline of 16% from the average daily volume of 26,507 shares. The stock had previously closed at $0.26.

Nel ASA Stock Performance

The company has a fifty day simple moving average of $0.24 and a 200-day simple moving average of $0.23.

About Nel ASA

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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.

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