Gary Bullard Acquires 100,000 Shares of AFC Energy (LON:AFC) Stock

Key Points

• Insider Gary Bullard purchased 100,000 shares of AFC Energy plc at an average cost of GBX 9 ($0.12), amounting to a total investment of £9,000 ($12,221.62).
• On August 7th, Bullard also acquired 400,000 shares at an average cost of GBX 10 ($0.14) for a total of £40,000 ($54,318.31).
• AFC Energy stock recently experienced a 9.0% increase in value, trading at GBX 9.72 ($0.13) with a market capitalization of £83.18 million.

AFC Energy plc (LON:AFC - Get Free Report) insider Gary Bullard bought 100,000 shares of AFC Energy stock in a transaction dated Thursday, August 14th. The stock was acquired at an average cost of GBX 9 per share, for a total transaction of £9,000.

Gary Bullard also recently made the following trade(s):

• On Thursday, August 7th, Gary Bullard bought 400,000 shares of AFC Energy stock. The shares were bought at an average price of GBX 10 per share, for a total transaction of £40,000.

AFC Energy Stock Performance

AFC traded up GBX 0.04 during midday trading on Tuesday, hitting GBX 9.45. 3,211,581 shares of the company traded hands, compared to its average volume of 4,514,031. 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 firm has a market capitalization of £80.83 million, a PE ratio of -3.61 and a beta of 2.96. The company's 50-day moving average is GBX 12.71 and its 200 day moving average is GBX 9.66. AFC Energy plc has a 52 week low of GBX 5 and a 52 week high of GBX 18.

AFC Energy (LON:AFC - Get Free Report) last posted its earnings results on Wednesday, July 16th. The company reported GBX (1.19) earnings per share (EPS) 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, research analysts expect that AFC Energy plc will post -1.9 EPS for the current year.

About AFC Energy

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.