Shares of AFC Energy plc (LON:AFC - Get Free Report) rose 31.6% during mid-day trading on Tuesday . The company traded as high as GBX 10.70 ($0.14) and last traded at GBX 10.66 ($0.14). Approximately 23,616,236 shares were traded during trading, an increase of 720% from the average daily volume of 2,880,152 shares. The stock had previously closed at GBX 8.10 ($0.11).
AFC Energy Stock Performance
The company has a 50 day simple moving average of GBX 10.63 and a 200 day simple moving average of GBX 15.27. The company has a market capitalization of £91.76 million, a PE ratio of -339.33 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.
Insider Activity at AFC Energy
In other AFC Energy news, insider Gary Bullard acquired 500,000 shares of the firm's stock in a transaction that occurred on Monday, November 4th. The shares were purchased at an average cost of GBX 9 ($0.12) per share, for a total transaction of £45,000 ($58,578.50). 16.21% of the stock is owned by corporate insiders.
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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