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AFC Energy (LON:AFC) Stock Passes Below Fifty Day Moving Average of $25.89

Defense World ·  {{timeTz}}

AFC Energy plc (LON:AFC – Get Rating) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 25.89 ($0.31) and traded as low as GBX 25.10 ($0.30). AFC Energy shares last traded at GBX 26.42 ($0.32), with a volume of 712,520 shares.

AFC Energy Stock Performance

The company has a current ratio of 12.56, a quick ratio of 12.18 and a debt-to-equity ratio of 1.45. The company's fifty day moving average is GBX 25.89 and its 200-day moving average is GBX 29.64. The firm has a market capitalization of £194.25 million and a P/E ratio of -20.32.

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Insider Buying and Selling

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

AFC Energy Company Profile

(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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