Gary Bullard Purchases 100,000 Shares of AFC Energy plc (LON:AFC) Stock

AFC Energy plc (LON:AFC) insider Gary Bullard purchased 100,000 shares of the firm’s stock in a transaction on Wednesday, March 19th. The shares were purchased at an average cost of GBX 6 ($0.08) per share, for a total transaction of £6,000 ($7,780.08).

AFC Energy Price Performance

AFC Energy stock opened at GBX 6.60 ($0.09) on Friday. AFC Energy plc has a 12-month low of GBX 5.06 ($0.07) and a 12-month high of GBX 26.24 ($0.34). The stock has a market capitalization of £56.48 million, a P/E ratio of -2.52 and a beta of 2.96. The firm’s 50-day moving average is GBX 8.34 and its two-hundred day moving average is GBX 9.53. The company has a debt-to-equity ratio of 2.13, a current ratio of 4.87 and a quick ratio of 12.18.

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

About AFC Energy

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.