Insider Buying: AFC Energy plc (LON:AFC) Insider Buys 500,000 Shares of Stock

AFC Energy plc (LON:AFC - Get Free Report) insider Gary Bullard bought 500,000 shares of the stock in a transaction dated Monday, November 4th. The shares were acquired at an average price of GBX 9 ($0.12) per share, for a total transaction of £45,000 ($58,578.50).

AFC Energy Price Performance

The stock has a fifty day simple moving average of GBX 10.63 and a 200-day simple moving average of GBX 15.27. AFC Energy plc has a 12 month low of GBX 6.61 ($0.09) and a 12 month high of GBX 26.24 ($0.34). The company has a debt-to-equity ratio of 2.13, a current ratio of 4.87 and a quick ratio of 12.18. The stock has a market capitalization of £91.76 million, a P/E ratio of -339.33 and a beta of 2.96.

AFC Energy Company Profile

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.