Nel ASA dealt another heavy blow to the stock markets just before the weekend. The share price fell by 2.3% to just over 0.65 euros. This is a new low for the year and a major setback for the 2020s.
The downward trend appears to be unstoppable, with every day of the past week seeing a fall. This is disheartening, especially as there has been no new – and therefore negative – news from the Norwegian company.
The only hope for Nel ASA…
It seems that the markets are no longer willing to wait for Nel ASA to announce its quarterly results on 25 October. Unless the Norwegians report too few partnerships or orders (unless they are deliberately withheld), this is unlikely to be a cause for celebration. Will the disappointments be significant? This is also uncertain and unlikely. In fact, Nel ASA reported a record order backlog in its last quarterly results in the summer.
Sollten Anleger sofort verkaufen? Oder lohnt sich doch der Einstieg bei Nel ASA?
These orders will eventually be fulfilled and invoiced. But without updates from the company, it’s difficult to calculate the exact impact. That’s the problem – Nel ASA doesn’t provide enough information.
Looking at the chart, the downtrend is clear as there are no significant supports left to stop the decline.
Only Nel ASA’s analysts, aggregated on Marketscreener, seem to remain confident at the moment: the price is rising. The average target price is around 102% higher than the current price. This is certainly unusually high. From this perspective, the opportunities are not over yet.
Kaufen, halten oder verkaufen - Ihre Nel ASA-Analyse von 20.05. liefert die Antwort:
Wie wird sich Nel ASA jetzt weiter entwickeln? Ist ihr Geld in dieser Aktie sicher? Die Antworten auf diese Fragen und warum Sie jetzt handeln müssen, erfahren Sie in der aktuellen Analyse zur Nel ASA Aktie
