Gary Bullard Buys 350,000 Shares of AFC Energy plc (LON:AFC) Stock

AFC Energy plc (LON:AFC) insider Gary Bullard bought 350,000 shares of the firm’s stock in a transaction dated Wednesday, March 26th. The shares were acquired at an average price of GBX 6 ($0.08) per share, with a total value of £21,000 ($27,180.95).

Gary Bullard also recently made the following trade(s):

• On Wednesday, March 19th, Gary Bullard acquired 100,000 shares of AFC Energy stock. The shares were bought at an average cost of GBX 6 ($0.08) per share, with a total value of £6,000 ($7,765.98).

AFC Energy Trading Up 0.4 %

Shares of AFC stock opened at GBX 5.85 ($0.08) on Friday. The company has a market capitalization of £50.02 million, a P/E ratio of -2.23 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. The business’s 50 day moving average is GBX 7.96 and its two-hundred day moving average is GBX 9.27. AFC Energy plc has a twelve month low of GBX 5 ($0.06) and a twelve month high of GBX 26.24 ($0.34).

AFC Energy (LON:AFC) last issued its quarterly 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 return on equity of 71.96% and a negative net margin of 4,502.53%. Equities analysts forecast that AFC Energy plc will post -1.9 EPS 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.