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AFC Energy (LON:AFC) Shares Pass Below 50 Day Moving Average of $26.08

Defense World ·  09/21 15:51

Shares of AFC Energy plc (LON:AFC – Get Rating) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 26.08 ($0.32) and traded as low as GBX 19.73 ($0.24). AFC Energy shares last traded at GBX 20.40 ($0.25), with a volume of 4,170,981 shares trading hands.

AFC Energy Price Performance

The company has a debt-to-equity ratio of 1.45, a current ratio of 12.56 and a quick ratio of 12.18. The stock's fifty day simple moving average is GBX 26.08 and its 200-day simple moving average is GBX 29.12. The company has a market capitalization of £154.25 million and a P/E ratio of -15.69.

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Insider Buying and Selling at AFC Energy

In other news, insider Gary Bullard purchased 40,000 shares of the firm's stock in a transaction on Friday, August 26th. The stock was bought at an average cost 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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