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AFC Energy (LON:AFC) Stock Price Up 0.1% - Time to Buy?

AFC Energy logo with Industrials background

AFC Energy plc (LON:AFC - Get Free Report) was up 0.1% during mid-day trading on Monday . The company traded as high as GBX 10.50 ($0.14) and last traded at GBX 9.81 ($0.13). Approximately 283,320 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 2,983,874 shares. The stock had previously closed at GBX 9.80 ($0.13).

AFC Energy Trading Up 1.5 %

The company has a market cap of £85.01 million, a PE ratio of -331.67 and a beta of 2.96. 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 business has a 50-day simple moving average of GBX 10.44 and a 200-day simple moving average of GBX 15.09.

Insiders Place Their Bets

In other AFC Energy news, insider Gary Bullard purchased 500,000 shares of the company's stock in a transaction on Monday, November 4th. The stock was acquired at an average price of GBX 9 ($0.12) per share, for a total transaction of £45,000 ($57,907.61). Insiders own 16.21% of the company's stock.

About AFC Energy

(Get Free Report)

AFC Energy plc engages in the development of fuel cell and fuel processing technology and equipment in the United Kingdom. The company provides air cooled and liquid cooled fuel cells, including H-Power Tower, a S series fuel cell generator, and L series fuel cell generators. It is developing H-power generator S series fuel cell, a modular compact; H-power generator S+ series fuel cell diesel generator alternative; ammonia cracker, a technology to convert ammonia into hydrogen; and methanol fuel tower, a technology solution for conversion of carrier fuel methanol into hydrogen.

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