AFC Energy plc (LON:AFC - Get Free Report) shares fell 8.1% on Wednesday . The company traded as low as GBX 15.50 ($0.21) and last traded at GBX 15.86 ($0.21). 6,880,071 shares traded hands during mid-day trading, an increase of 76% from the average session volume of 3,905,953 shares. The stock had previously closed at GBX 17.26 ($0.23).
AFC Energy Trading Down 6.3%
The business's 50 day moving average price is GBX 10.04 and its two-hundred day moving average price is GBX 8.94. The company has a current ratio of 4.87, a quick ratio of 12.18 and a debt-to-equity ratio of 2.13. The company has a market capitalization of £128.36 million, a price-to-earnings ratio of -5.73 and a beta of 2.96.
AFC Energy (LON:AFC - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The company reported GBX (2.36) (($0.03)) earnings per share for the quarter. AFC Energy had a negative net margin of 4,502.53% and a negative return on equity of 71.96%. On average, equities analysts predict that AFC Energy plc will post -1.9 earnings per share for the current fiscal year.
Insider Activity
In other AFC Energy news, insider Karl Bostock acquired 193,374 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The stock was acquired at an average price of GBX 8 ($0.11) per share, for a total transaction of £15,469.92 ($20,804.09). Also, insider Gary Bullard acquired 350,000 shares of the company's stock in a transaction that occurred on Wednesday, March 26th. The stock was acquired at an average price of GBX 6 ($0.08) per share, with a total value of £21,000 ($28,240.99). In the last three months, insiders have purchased 699,031 shares of company stock worth $5,203,562. 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.
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