Summary
This prediction ended on 05.11.21 with a price of €1.92. The prediction for Nel ASA disappointed with a performance of -11.46%. Frank30 has 50% into this predictionNel ASA is a Norwegian-based company that specializes in hydrogen production, electrolysis, and fuel cell technologies, making it one of the leading innovators in the clean energy market. Founded in 1927, the company has a strong history of developing solutions for the production, storage, and distribution of hydrogen from various renewable sources, aiming to provide green hydrogen solutions to numerous industries including transportation, power generation, and maritime. Listed on the Oslo Stock Exchange under the ticker symbol NEL, Nel ASA plays a significant role in advancing the global shift towards sustainable energy, driven by the increasing awareness of climate change and the need for reduced reliance on fossil fuels.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Nel ASA | -9.165% | -9.165% | -64.655% | -83.992% |
| iShares Core DAX® | 0.160% | -1.640% | 12.016% | 15.557% |
| iShares Nasdaq 100 | -3.020% | -4.715% | 37.102% | 42.685% |
| iShares Nikkei 225® | -2.519% | -7.621% | 18.066% | 2.904% |
| iShares S&P 500 | -1.377% | -2.809% | 26.536% | 41.689% |
According to Frank30 what are the pros and cons of Nel ASA for the foreseeable future?
Pros
Could be very worthwhile Investment >20% year
Top Rating
Revenue growth > 30% per year expected
Leading role in innovation
Very Future proof/growth oriented business model
Growths faster than the competition
Sustainability is important
Cons
Few uniques
high free float
Higher risks for its business