PowerCell Sweden AB (publ) (OTCMKTS:PCELF) Shares Down 0.9% – Here’s What Happened

PowerCell Sweden AB (publ) (OTCMKTS:PCELF)’s stock price traded down 0.9% during trading on Wednesday. The company traded as low as $2.14 and last traded at $2.14. Approximately 400 shares were traded during trading, a decline of 73% from the average daily volume of 1,465 shares. The stock had previously closed at $2.16.

PowerCell Sweden AB (publ) Price Performance

The firm’s 50-day simple moving average is $2.05 and its two-hundred day simple moving average is $2.22.

PowerCell Sweden AB (publ) Company Profile

PowerCell Sweden AB (publ) develops and manufactures hydrogen-electric fuel cell technology. Its proton exchange membrane (PEM) fuel cells generate electricity through an electrochemical reaction between hydrogen and oxygen, producing water and heat as byproducts. The company’s products are designed to provide low-emission power without combustion and can be used with hydrogen produced from renewable or other sources.

PowerCell offers fuel cell stacks, modules and integrated systems through its PowerCellution product portfolio.