AFC Energy (LON:AFC) Sets New 52-Week Low – Here’s Why

AFC Energy plc (LON:AFCGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 6.60 ($0.08) and last traded at GBX 7.19 ($0.09), with a volume of 4691397 shares. The stock had previously closed at GBX 7.35 ($0.09).

AFC Energy Trading Down 2.2 %

The stock has a market cap of £61.53 million, a PE ratio of -2.75 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 stock’s fifty day moving average price is GBX 9.19 and its 200 day moving average price is GBX 10.15.

Insider Activity at AFC Energy

In other AFC Energy news, insider Karl Bostock acquired 250,000 shares of AFC Energy stock in a transaction that occurred on Thursday, February 6th. The stock was bought at an average cost of GBX 9 ($0.11) per share, for a total transaction of £22,500 ($28,593.21). 16.21% of the stock is currently owned by insiders.

About AFC Energy

(Get Free Report)

AFC Energy plc is a leading provider of hydrogen fuel cell power systems to generate clean energy in support of the global energy transition.

Based in the UK, the Company’s scalable systems provide off-grid, zero emission power that are already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications.

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