AFC Energy plc (LON:AFC) Insider Buys £9,000 in Stock

AFC Energy plc (LON:AFC) insider Gary Bullard bought 100,000 shares of the firm’s stock in a transaction on Thursday, August 14th. The shares were bought at an average price of GBX 9 ($0.12) per share, with a total value of £9,000 ($12,176.97).

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

• On Thursday, August 7th, Gary Bullard purchased 400,000 shares of AFC Energy stock. The stock was purchased at an average price of GBX 10 ($0.14) per share, for a total transaction of £40,000 ($54,119.88).

AFC Energy Stock Performance

Shares of AFC opened at GBX 9.72 ($0.13) on Friday. The firm has a market capitalization of £83.18 million, a P/E ratio of -3.72 and a beta of 2.96. 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 plc has a one year low of GBX 5 ($0.07) and a one year high of GBX 18 ($0.24). The business has a fifty day moving average of GBX 12.88 and a 200 day moving average of GBX 9.64.

AFC Energy (LON:AFC) last announced its earnings results on Wednesday, July 16th. The company reported GBX (1.19) (($0.02)) 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%. As a group, sell-side analysts anticipate 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.