AFC Energy (LON:AFC) Trading Down 0.2% – Should You Sell?

AFC Energy plc (LON:AFC)’s stock price was down 0.2% on Tuesday . The company traded as low as GBX 10.13 ($0.13) and last traded at GBX 10.20 ($0.13). Approximately 363,708 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 2,920,792 shares. The stock had previously closed at GBX 10.22 ($0.13).

AFC Energy Stock Up 6.8 %

The company has a market capitalization of £93.11 million, a price-to-earnings ratio of -340.00 and a beta of 2.96. The company has a current ratio of 4.87, a quick ratio of 12.18 and a debt-to-equity ratio of 2.13. The firm’s 50 day simple moving average is GBX 9.45 and its 200-day simple moving average is GBX 13.65.

Insider Transactions at AFC Energy

In other news, insider Gary Bullard acquired 500,000 shares of AFC Energy stock in a transaction that occurred on Monday, November 4th. The stock was purchased at an average price of GBX 9 ($0.11) per share, for a total transaction of £45,000 ($57,493.29). Company insiders own 16.21% of the company’s stock.

About AFC Energy

AFC Energy plc engages in the development of fuel cell and fuel processing technology and equipment in the United Kingdom. The company provides air cooled and liquid cooled fuel cells, including H-Power Tower, a S series fuel cell generator, and L series fuel cell generators. It is developing H-power generator S series fuel cell, a modular compact; H-power generator S+ series fuel cell diesel generator alternative; ammonia cracker, a technology to convert ammonia into hydrogen; and methanol fuel tower, a technology solution for conversion of carrier fuel methanol into hydrogen.