Shares of AFC Energy plc (LON:AFC) were up 3.7% during trading on Tuesday . The stock traded as high as GBX 54.20 ($0.71) and last traded at GBX 53.10 ($0.69). Approximately 2,228,550 shares were traded during trading, a decline of 51% from the average daily volume of 4,592,056 shares. The stock had previously closed at GBX 51.20 ($0.67).
The stock has a market capitalization of £389.98 million and a PE ratio of -59.00. The firm’s 50 day simple moving average is GBX 57.19 and its 200 day simple moving average is GBX 59.31. The company has a debt-to-equity ratio of 1.69, a current ratio of 32.85 and a quick ratio of 32.17.
In other news, insider Gary Bullard bought 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 10th. The shares were bought at an average cost of GBX 58 ($0.76) per share, with a total value of £8,700 ($11,366.61).
AFC Energy plc engages in the development of alkaline fuel cell systems for the generation of clean energy in the United Kingdom and Germany. The company offers HydroX-Cell(L), an alkaline fuel cell module; HydroX-Cell(S); and AlkaMem, an anion 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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