AFC Energy (OTCMKTS:AFGYF) Stock Price Up 11.4%

Shares of AFC Energy plc (OTCMKTS:AFGYFGet Free Report) were up 11.4% during trading on Wednesday . The company traded as high as $0.18 and last traded at $0.18. Approximately 10,250 shares traded hands during mid-day trading, an increase of 82% from the average daily volume of 5,620 shares. The stock had previously closed at $0.16.

Analyst Ratings Changes

Separately, Royal Bank of Canada initiated coverage on shares of AFC Energy in a report on Wednesday, August 30th. They set an “outperform” rating for the company.

Get Our Latest Report on AFGYF

AFC Energy Stock Performance

The firm has a 50-day moving average price of $0.18 and a two-hundred day moving average price of $0.19.

About AFC Energy

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AFC Energy plc engages in the development of fuel cell and fuel processing technology and allied equipment in the United Kingdom. The company provides S series air cooled fuel cell generator modules, H-Power Tower, a S series fuel cell generator, and L series fuel cell generators. It is also developing S+ series fuel cell generator modules; S+ series fuel cell generator power cubes; power from ammonia and methanol solutions, which are integrated flexible fueling alternatives; and ammonia cracker, a technology to convert carrier fuel ammonia into hydrogen.

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