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Insider Buying: AFC Energy plc (LON:AFC) Insider Purchases 400,000 Shares of Stock

AFC Energy logo with Industrials background

Key Points

  • Gary Bullard, an insider at AFC Energy plc, purchased 400,000 shares of the company stock on August 7th at an average price of GBX 10 (£40,000 total).
  • AFC Energy's stock price showed a recent increase, trading at GBX 9.55, alongside a trading volume of approximately 7.7 million shares.
  • The company reported a negative net margin of 4,502.53% and is projected to post an earnings per share of -1.9 for the current fiscal year.
  • Looking to export and analyze AFC Energy data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

AFC Energy plc (LON:AFC - Get Free Report) insider Gary Bullard bought 400,000 shares of the company's stock in a transaction on Thursday, August 7th. The stock was bought at an average cost of GBX 10 ($0.13) per share, for a total transaction of £40,000 ($53,727.33).

AFC Energy Stock Performance

Shares of LON:AFC traded down GBX 0.57 ($0.01) on Monday, hitting GBX 9.03 ($0.12). The company's stock had a trading volume of 11,276,569 shares, compared to its average volume of 4,349,238. AFC Energy plc has a 12 month low of GBX 5 ($0.07) and a 12 month high of GBX 18 ($0.24). The company has a market capitalization of £77.27 million, a price-to-earnings ratio of -3.45 and a beta of 2.96. The stock's 50-day moving average is GBX 12.99 and its two-hundred day moving average is GBX 9.64. The company has a debt-to-equity ratio of 2.13, a quick ratio of 12.18 and a current ratio of 4.87.

AFC Energy (LON:AFC - Get Free Report) last released its quarterly earnings results on Wednesday, July 16th. The company reported GBX (1.19) (($0.02)) 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%. On average, equities research analysts forecast that AFC Energy plc will post -1.9 EPS for the current year.

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.

Further Reading

Insider Buying and Selling by Quarter for AFC Energy (LON:AFC)

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