AFC Energy (LON:AFC) Reaches New 1-Year Low – Time to Sell?

AFC Energy plc (LON:AFCGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 6.11 ($0.08) and last traded at GBX 6.30 ($0.08), with a volume of 2109606 shares changing hands. The stock had previously closed at GBX 7.03 ($0.09).

AFC Energy Stock Down 1.0 %

The company has a fifty day simple moving average of GBX 8.47 and a 200-day simple moving average of GBX 9.62. 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 cap of £56.73 million, a P/E ratio of -2.53 and a beta of 2.96.

Insider Buying and Selling at AFC Energy

In other AFC Energy news, insider Karl Bostock acquired 250,000 shares of the company’s stock in a transaction dated Thursday, February 6th. The stock was purchased at an average price of GBX 9 ($0.12) per share, with a total value of £22,500 ($29,251.17). 16.21% of the stock is currently owned by corporate insiders.

AFC Energy Company Profile

(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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