NELO 📈 NEL Hydrogen ASA - Overview
Exchange: ST • Country: Sweden • Currency: NOK • Type: Common Stock •
NELO: Housing, Rental, Development, Ownership, Management, Properties
NEL Hydrogen ASA, listed as NELO on the stock exchange, is a company that operates within the realm of real estate, specifically under the category of Real Estate Operating Companies. This classification indicates that the company is involved in the management, development, and operation of various real estate properties and projects. Given the lack of detailed profile data, it's essential to look into the broader context of the company's activities and the industry it operates in. The real estate sector is diverse, encompassing everything from residential and commercial properties to industrial and recreational facilities.
As a common stock, NELO represents a unit of ownership in NEL Hydrogen ASA, allowing shareholders to participate in the company's financial performance and growth. The GICS (Global Industry Classification Standard) Sub Industry classification as Real Estate Operating Companies provides insight into the nature of the company's business. However, to gain a more comprehensive understanding of NEL Hydrogen ASA's specific focus and operations, it would be necessary to delve into the company's financial reports, mission statement, and any available public disclosures. This could reveal whether the company specializes in a particular type of real estate, such as sustainable or renewable energy-related properties, given the 'Hydrogen' in its name, which might suggest an involvement in environmentally friendly or energy transition initiatives.
Operating in the real estate sector, NEL Hydrogen ASA is likely influenced by factors such as property market trends, regulatory environments, and consumer demand. The company's success would depend on its ability to navigate these factors effectively, manage its portfolio of properties, and adapt to changes in the market. For investors considering NELO, it would be crucial to assess the company's financial health, management strategy, and growth prospects within the context of the broader real estate market and the specific niche it occupies. This analysis would help in understanding the potential benefits and risks associated with investing in NEL Hydrogen ASA.
Additional Sources for NELO Stock
NELO Stock Overview
Market Cap in USD | 2,087m |
Sector | Other |
Industry | Other |
GiC Sub-Industry | Real Estate Operating Companies |
IPO / Inception |
NELO Stock Ratings
Growth 5y | -83.3% |
Fundamental | -57.5% |
Dividend | - |
Rel. Strength Industry | -1426 |
Analysts | - |
Fair Price Momentum | 1.55 NOK |
Fair Price DCF | - |
NELO Dividends
No Dividends PaidNELO Growth Ratios
Growth Correlation 3m | -87.9% |
Growth Correlation 12m | -46.1% |
Growth Correlation 5y | -72.2% |
CAGR 5y | -26.23% |
CAGR/Mean DD 5y | -0.50 |
Sharpe Ratio 12m | -1.02 |
Alpha | -85.53 |
Beta | 0.88 |
Volatility | 104.20% |
Current Volume | 384.9k |
Average Volume 20d | 102k |
As of January 15, 2025, the stock is trading at NOK 2.15 with a total of 384,875 shares traded.
Over the past week, the price has changed by -31.86%, over one month by -28.71%, over three months by -46.85% and over the past year by -59.93%.
No, based on ValueRay Fundamental Analyses, NEL Hydrogen ASA (ST:NELO) is currently (January 2025) a stock to sell. It has a ValueRay Fundamental Rating of -57.46 and therefor a negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NELO as of January 2025 is 1.55. This means that NELO is currently overvalued and has a potential downside of -27.91%.
NEL Hydrogen ASA has no consensus analysts rating.
According to ValueRays Forecast Model, NELO NEL Hydrogen ASA will be worth about 1.7 in January 2026. The stock is currently trading at 2.15. This means that the stock has a potential downside of -20%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 1.7 | -20% |