Free Trial

AFC Energy (LON:AFC) Stock Crosses Above 50 Day Moving Average - Here's Why

AFC Energy logo with Industrials background

AFC Energy plc (LON:AFC - Get Free Report)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 6.55 ($0.09) and traded as high as GBX 6.84 ($0.09). AFC Energy shares last traded at GBX 6.45 ($0.09), with a volume of 1,786,196 shares.

AFC Energy Stock Up 7.0 %

The firm's fifty day simple moving average is GBX 6.50 and its 200 day simple moving average is GBX 8.39. The company has a market cap of £70.68 million, a price-to-earnings ratio of -3.16 and a beta of 2.96. The company has a current ratio of 4.87, a quick ratio of 12.18 and a debt-to-equity ratio of 2.13.

AFC Energy (LON:AFC - Get Free Report) last posted its earnings results on Thursday, March 20th. The company reported GBX (2.36) (($0.03)) EPS for the quarter. AFC Energy had a negative net margin of 4,502.53% and a negative return on equity of 71.96%. Sell-side analysts predict that AFC Energy plc will post -1.9 earnings per share for the current year.

Insider Transactions at AFC Energy

In other news, insider Karl Bostock bought 250,000 shares of AFC Energy stock in a transaction dated Thursday, February 6th. The stock was acquired at an average cost of GBX 9 ($0.12) per share, with a total value of £22,500 ($29,864.61). Also, insider Gary Bullard purchased 100,000 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were purchased at an average cost of GBX 6 ($0.08) per share, for a total transaction of £6,000 ($7,963.90). In the last 90 days, insiders have acquired 893,374 shares of company stock valued at $6,496,992. 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.

See Also

Should You Invest $1,000 in AFC Energy Right Now?

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

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This $13 Trillion Energy Breakthrough Will Make Millionaires
Magnificent 7 Stocks Shift Toward Stability and Selective Growth
4 Biotech Stocks on the Verge of Massive Breakthroughs

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines