Insider Buying: AFC Energy plc (LON:AFC) Insider Acquires 100,000 Shares of Stock

AFC Energy plc (LON:AFC) insider Gary Bullard bought 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The shares were bought at an average cost of GBX 6 ($0.08) per share, for a total transaction of £6,000 ($7,800.31).

AFC Energy Price Performance

AFC stock traded down GBX 0.09 ($0.00) during trading on Wednesday, hitting GBX 6.62 ($0.09). The company had a trading volume of 24,397,754 shares, compared to its average volume of 2,787,386. The company has a fifty day moving average price of GBX 8.47 and a two-hundred day moving average price of GBX 9.62. AFC Energy plc has a fifty-two week low of GBX 5.06 ($0.07) and a fifty-two week high of GBX 26.24 ($0.34). The company has a market cap of £56.61 million, a P/E ratio of -2.53 and a beta of 2.96. The company has a current ratio of 4.87, a quick ratio of 12.18 and a debt-to-equity ratio of 2.13.

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.