Nel ASA (OTCMKTS:NLLSF) Shares Up 8.7% – Time to Buy?

Nel ASA (OTCMKTS:NLLSFGet Free Report) rose 8.7% during mid-day trading on Tuesday . The stock traded as high as $0.21 and last traded at $0.21. Approximately 5,300 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 33,371 shares. The stock had previously closed at $0.20.

Nel ASA Price Performance

The firm’s 50 day moving average price is $0.26 and its 200-day moving average price is $0.40.

About Nel ASA

(Get Free Report)

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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