Insider Buying: AFC Energy plc (LON:AFC) Insider Buys £21,000 in Stock

AFC Energy plc (LON:AFC) insider Gary Bullard acquired 350,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The shares were purchased at an average cost of GBX 6 ($0.08) per share, for a total transaction of £21,000 ($27,180.95).

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

• On Wednesday, March 19th, Gary Bullard acquired 100,000 shares of AFC Energy stock. The stock was acquired at an average price of GBX 6 ($0.08) per share, for a total transaction of £6,000 ($7,765.98).

AFC Energy Stock Up 0.4 %

Shares of AFC Energy stock opened at GBX 5.85 ($0.08) on Friday. The company has a 50-day simple moving average of GBX 7.96 and a two-hundred day simple moving average of GBX 9.27. The stock has a market capitalization of £50.02 million, a PE ratio of -2.23 and a beta of 2.96. AFC Energy plc has a 52-week low of GBX 5 ($0.06) and a 52-week high of GBX 26.24 ($0.34). 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) last announced its quarterly earnings data on Thursday, March 20th. The company reported GBX (2.36) (($0.03)) earnings per share 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, analysts anticipate that AFC Energy plc will post -1.9 EPS for the current fiscal 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.