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An update from PowerCell Sweden AB ( (SE:PCELL) ) is now available.
PowerCell Sweden AB has secured a 43 MSEK order for its M2Power 250 methanol-to-power system from a European shipyard, marking the second commercial contract for this platform. This order highlights the growing market interest in PowerCell’s methanol-to-power technology, which offers a zero-emission solution for shipowners looking to reduce emissions in existing vessels, thereby reinforcing PowerCell’s position in the clean energy sector.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK39.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
More about PowerCell Sweden AB
PowerCell Sweden AB is a global leader in hydrogen electric solutions, specializing in unique fuel cell stacks and systems. With extensive experience, the company focuses on accelerating the transition to a sustainable, emission-free world by targeting industries such as aviation, marine, off-road, on-road, and stationary power generation. Headquartered in Gothenburg, Sweden, PowerCell operates globally and is listed on Nasdaq Stockholm.
YTD Price Performance: 4.34%
Average Trading Volume: 248,174
Technical Sentiment Signal: Buy
Current Market Cap: SEK2.14B
For detailed information about PCELL stock, go to TipRanks’ Stock Analysis page.