AFC Energy (LON:AFC) Shares Down 7.5% - What's Next?

AFC Energy plc (LON:AFC - Get Free Report) shares fell 7.5% on Friday . The stock traded as low as GBX 6.61 ($0.09) and last traded at GBX 7.23 ($0.09). 7,011,104 shares changed hands during mid-day trading, an increase of 155% from the average session volume of 2,745,543 shares. The stock had previously closed at GBX 7.82 ($0.10).

AFC Energy Stock Down 1.0 %

The company has a market capitalization of £66.13 million, a P/E ratio of -258.00 and a beta of 2.96. The company has a 50 day simple moving average of GBX 11.76 and a two-hundred day simple moving average of GBX 16.09. The company has a quick ratio of 12.18, a current ratio of 4.87 and a debt-to-equity ratio of 2.13.

About AFC Energy

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.