Insider Buying: AFC Energy plc (LON:AFC) Insider Purchases £6,000 in Stock

AFC Energy plc (LON:AFC) insider Gary Bullard bought 100,000 shares of AFC Energy stock in a transaction that occurred on Wednesday, March 19th. The shares were acquired at an average price of GBX 6 ($0.08) per share, for a total transaction of £6,000 ($7,746.93).

AFC Energy Stock Performance

LON:AFC opened at GBX 6.04 ($0.08) on Friday. 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 has a market capitalization of £51.69 million, a price-to-earnings ratio of -2.31 and a beta of 2.96. The firm’s fifty day simple moving average is GBX 8.26 and its 200 day simple moving average is GBX 9.51. AFC Energy plc has a twelve month low of GBX 5.06 ($0.07) and a twelve month high of GBX 26.24 ($0.34).

AFC Energy (LON:AFC) last posted its earnings results on Thursday, March 20th. The company reported GBX (2.36) (($0.03)) earnings per share for the quarter. AFC Energy had a negative net margin of 4,502.53% and a negative return on equity of 71.96%. As a group, equities research analysts expect that AFC Energy plc will post -1.9 earnings per share for the current fiscal year.

AFC Energy Company Profile

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.