AFC Energy plc (LON:AFC) Insider Buys £15,565.70 in Stock

AFC Energy plc (LON:AFC) insider Gary Bullard acquired 155,657 shares of the company’s stock in a transaction on Tuesday, May 6th. The stock was acquired at an average cost of GBX 10 ($0.13) per share, with a total value of £15,565.70 ($20,622.28).

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

• On Wednesday, March 26th, Gary Bullard purchased 350,000 shares of AFC Energy stock. The stock was bought at an average price of GBX 6 ($0.08) per share, with a total value of £21,000 ($27,821.94).
• On Wednesday, March 19th, Gary Bullard purchased 100,000 shares of AFC Energy stock. The stock was acquired at an average price of GBX 6 ($0.08) per share, for a total transaction of £6,000 ($7,949.13).

AFC Energy Trading Up 6.5 %

LON AFC opened at GBX 9.80 ($0.13) on Friday. The company has a debt-to-equity ratio of 2.13, a quick ratio of 12.18 and a current ratio of 4.87. The company has a market capitalization of £83.86 million, a price-to-earnings ratio of -3.75 and a beta of 2.96. The company’s 50-day simple moving average is GBX 6.64 and its two-hundred day simple moving average is GBX 8.43. AFC Energy plc has a one year low of GBX 5 ($0.07) and a one year high of GBX 26.24 ($0.35).

AFC Energy (LON:AFC) last announced its earnings results on Thursday, March 20th. The company reported GBX (2.36) (($0.03)) 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 forecast that AFC Energy plc will post -1.9 EPS for the current fiscal 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.