AFC Energy (LON:AFC) Hits New 1-Year Low – Should You Sell?

AFC Energy plc (LON:AFCGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 6.60 ($0.08) and last traded at GBX 7.19 ($0.09), with a volume of 4691397 shares traded. The stock had previously closed at GBX 7.35 ($0.09).

AFC Energy Stock Performance

The firm has a market cap of £61.53 million, a P/E ratio of -2.75 and a beta of 2.96. The company has a debt-to-equity ratio of 2.13, a quick ratio of 12.18 and a current ratio of 4.87. The business’s 50-day simple moving average is GBX 9.19 and its 200 day simple moving average is GBX 10.15.

Insider Buying and Selling

In other AFC Energy news, insider Karl Bostock acquired 250,000 shares of the stock in a transaction dated Thursday, February 6th. The shares were purchased at an average price of GBX 9 ($0.11) per share, for a total transaction of £22,500 ($28,593.21). 16.21% of the stock is currently owned by corporate insiders.

AFC Energy Company Profile

(Get Free Report)

AFC Energy plc is a leading provider of hydrogen fuel cell power systems to generate clean energy in support of the global energy transition.

Based in the UK, the Company’s scalable systems provide off-grid, zero emission power that are already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications.

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