|Bid||12.55 x 4120000|
|Ask||12.57 x 2611100|
|Day's Range||11.94 - 12.81|
|52 Week Range||10.50 - 20.44|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 14, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.40|
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Today, Håkon Volldal starts as the new CEO of Nel, while Jon André Løkke enters the company's Board of Directors.
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE: NEL), has been awarded a contract for an alkaline electrolyser system to Glencore Nikkelverk in Kristansand, Norway. The green hydrogen from the electrolyser system will be used for production of hydrochloric acid.
Yesterday the European Commission presented a wide range of initiatives to reduce Europe's reliance on fossil fuels from Russia. A list of proposals aimed to stimulate the production of renewable hydrogen and to improve framework conditions for European electrolyser manufacturers are included in this plan, known as RePowerEU.