AFC Energy (LON:AFC) Stock Crosses Below 50 Day Moving Average of $26.08

AFC Energy plc (LON:AFCGet Rating) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 26.08 ($0.32) and traded as low as GBX 19.73 ($0.24). AFC Energy shares last traded at GBX 20.40 ($0.25), with a volume of 4,170,981 shares trading hands.

AFC Energy Trading Down 12.1 %

The firm has a market capitalization of ¬£138.22 million and a P/E ratio of -14.46. The business’s 50 day moving average is GBX 26.07 and its two-hundred day moving average is GBX 28.95. The company has a quick ratio of 12.18, a current ratio of 12.56 and a debt-to-equity ratio of 1.45.

Insider Activity at AFC Energy

In related news, insider Gary Bullard bought 40,000 shares of the firm’s stock in a transaction that occurred on Friday, August 26th. The stock was purchased at an average price of GBX 30 ($0.36) per share, for a total transaction of ¬£12,000 ($14,499.76).

About AFC Energy

(Get Rating)

AFC Energy plc engages in the development of alkaline fuel cell technology and allied equipment for the generation of clean energy in the United Kingdom. The company offers HydroX-Cell(L), an alkaline fuel cell module; HydroX-Cell(S); and AlkaMem, an anionic exchange membrane technology for alkaline water electrolysis, alkaline fuel cells, fuel synthesis, electrodialysis, desalination, acid remediation, salt water batteries, and REDOX flow batteries applications.

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