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AFC Energy (LON:AFC) Share Price Passes Above 50 Day Moving Average of $25.27

Defense World ·  Sep 3, 2022 03:11

AFC Energy plc (LON:AFC – Get Rating)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 25.27 ($0.31) and traded as high as GBX 27.98 ($0.34). AFC Energy shares last traded at GBX 26.46 ($0.32), with a volume of 1,579,995 shares traded.

AFC Energy Trading Down 0.6 %

The stock has a market cap of £194.54 million and a PE ratio of -20.35. The business has a 50-day moving average of GBX 25.27 and a 200 day moving average of GBX 30.10. The company has a debt-to-equity ratio of 1.45, a quick ratio of 12.18 and a current ratio of 12.56.

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Insider Buying and Selling

In related news, insider Gary Bullard acquired 40,000 shares of the company's stock in a transaction that occurred on Friday, August 26th. The stock was purchased at an average price of GBX 30 ($0.36) per share, for a total transaction of £12,000 ($14,499.76).

About AFC Energy

(Get Rating)

AFC Energy plc engages in the development of alkaline fuel cell technology and allied equipment for the generation of clean energy in the United Kingdom. The company offers HydroX-Cell(L), an alkaline fuel cell module; HydroX-Cell(S); and AlkaMem, an anionic exchange membrane technology for alkaline water electrolysis, alkaline fuel cells, fuel synthesis, electrodialysis, desalination, acid remediation, salt water batteries, and REDOX flow batteries applications.

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