AFC Energy (LON:AFC) Posts Earnings Results

AFC Energy (LON:AFC) announced its quarterly earnings results on Thursday. The company reported GBX (2.36) (($0.03)) earnings per share for the quarter, Digital Look Earnings reports. AFC Energy had a negative net margin of 4,502.53% and a negative return on equity of 71.96%.

AFC Energy Trading Up 2.3 %

Shares of AFC opened at GBX 6.39 ($0.08) on Thursday. The stock has a market capitalization of £54.64 million, a P/E ratio of -2.44 and a beta of 2.96. 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 fifty day simple moving average of GBX 8.40 and a two-hundred day simple moving average of GBX 9.58. AFC Energy has a twelve month low of GBX 5.06 ($0.07) and a twelve month high of GBX 26.24 ($0.34).

Insider Buying and Selling at AFC Energy

In related news, insider Karl Bostock bought 250,000 shares of the company’s stock in a transaction dated Thursday, February 6th. The stock was purchased at an average cost of GBX 9 ($0.12) per share, with a total value of £22,500 ($29,270.20). Also, insider Gary Bullard bought 100,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The stock was bought at an average cost of GBX 6 ($0.08) per share, with a total value of £6,000 ($7,805.39). 16.21% of the stock is currently owned by corporate insiders.

AFC Energy Company Profile

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.