AFC Energy plc (LON:AFC – Get Free Report) traded down 6.2% on Wednesday . The company traded as low as GBX 6.51 ($0.08) and last traded at GBX 6.75 ($0.09). 2,198,942 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 2,325,246 shares. The stock had previously closed at GBX 7.19 ($0.09).
AFC Energy Stock Performance
The company has a quick ratio of 12.18, a current ratio of 4.87 and a debt-to-equity ratio of 2.13. The firm has a market cap of £55.78 million, a PE ratio of -2.49 and a beta of 2.96. The company has a 50-day simple moving average of GBX 9.14 and a two-hundred day simple moving average of GBX 10.10.
Insiders Place Their Bets
In other news, insider Karl Bostock bought 250,000 shares of AFC Energy stock in a transaction that occurred on Thursday, February 6th. The shares were acquired at an average price of GBX 9 ($0.12) per share, with a total value of £22,500 ($28,783.42). Company insiders own 16.21% of the company’s stock.
About AFC Energy
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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