Shares of AFC Energy plc (LON:AFC - Get Free Report) were up 36.6% during mid-day trading on Wednesday . The stock traded as high as GBX 12.90 ($0.17) and last traded at GBX 12.87 ($0.17). Approximately 19,112,072 shares traded hands during trading, an increase of 566% from the average daily volume of 2,871,559 shares. The stock had previously closed at GBX 9.42 ($0.13).
AFC Energy Price Performance
The company's 50-day moving average price is GBX 8.20 and its 200-day moving average price is GBX 8.58. 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 company has a market cap of £105.25 million, a P/E ratio of -4.70 and a beta of 2.96.
AFC Energy (LON:AFC - Get Free Report) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX (2.36) (($0.03)) earnings per share (EPS) for the quarter. AFC Energy had a negative return on equity of 71.96% and a negative net margin of 4,502.53%. As a group, sell-side analysts predict that AFC Energy plc will post -1.9 earnings per share for the current fiscal year.
Insider Transactions at AFC Energy
In other AFC Energy news, insider Gary Bullard bought 100,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The stock was acquired at an average price of GBX 6 ($0.08) per share, with a total value of £6,000 ($8,116.88). Also, insider Karl Bostock bought 193,374 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The stock was acquired at an average cost of GBX 8 ($0.11) per share, with a total value of £15,469.92 ($20,927.92). Insiders purchased 799,031 shares of company stock valued at $5,803,562 over the last quarter. Corporate insiders own 16.21% of the company's stock.
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.
Recommended Stories
Before you consider AFC Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AFC Energy wasn't on the list.
While AFC Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
