Nel ASA Elects New Board Member to Strengthen Strategic Direction

NEL ASA ( (NLLSF) ) just unveiled an announcement.

Nel ASA held an extraordinary general meeting where Gyuyeon Kang, Executive Vice President of SAMSUNG E&A, was elected to the Board of Directors until 2026. This appointment could enhance Nel’s strategic direction and strengthen its position in the hydrogen industry, potentially benefiting stakeholders by aligning with global decarbonization efforts.

The most recent analyst rating on (NLLSF) stock is a Hold with a NOK5.40 price target. To see the full list of analyst forecasts on NEL ASA stock, see the NLLSF Stock Forecast page.

More about NEL ASA

Nel ASA is a leading hydrogen electrolyser technology company with a history dating back to 1927. It specializes in Alkaline and PEM technology for producing renewable hydrogen, which is crucial for enabling a green hydrogen economy and decarbonizing industries such as transportation, refining, steel, and ammonia.

YTD Price Performance: -10.50%

Average Trading Volume: 8,117,703

Current Market Cap: NOK4.45B

For detailed information about NLLSF stock, go to TipRanks’ Stock Analysis page.