Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates through Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology. The Nel PEM Electrolyser segment supplies hydrogen production equipment based on proton exchange membrane (PEM) water electrolysis technology. 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.
Research context
Nel ASA appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
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5 years, 7 months ago
Nel ASA is currently in a long term downtrend where the price is trading 18.2% below its 200 day moving average.
From a valuation standpoint, the stock is 278.1% more expensive than other stocks from the Industrials sector with a price to sales ratio of 59.3.
Nel ASA's total revenue rose by 43.2% to $205M since the same quarter in the previous year.
Its net income has increased by 1490.3% to $1B since the same quarter in the previous year.
Finally, its free cash flow fell by 47.4% to $-180M since the same quarter in the previous year.
Based on the above factors, Nel ASA gets an overall score of 2/5.