AFC Energy plc (LON:AFC) Insider Gary Bullard Purchases 500,000 Shares

AFC Energy plc (LON:AFC) insider Gary Bullard purchased 500,000 shares of AFC Energy stock in a transaction dated Monday, November 4th. The shares were acquired at an average cost of GBX 9 ($0.12) per share, for a total transaction of £45,000 ($58,578.50).

AFC Energy Price Performance

LON:AFC opened at GBX 10 ($0.13) on Friday. The firm’s fifty day moving average is GBX 10.49 and its two-hundred day moving average is GBX 15.17. The firm has a market cap of £85.44 million, a price-to-earnings ratio of -333.33 and a beta of 2.96. AFC Energy plc has a one year low of GBX 6.61 ($0.09) and a one year high of GBX 26.24 ($0.34). The company has a debt-to-equity ratio of 2.13, a quick ratio of 12.18 and a current ratio of 4.87.

AFC Energy Company Profile

AFC Energy plc engages in the development of fuel cell and fuel processing technology and equipment in the United Kingdom. The company provides air cooled and liquid cooled fuel cells, including H-Power Tower, a S series fuel cell generator, and L series fuel cell generators. It is developing H-power generator S series fuel cell, a modular compact; H-power generator S+ series fuel cell diesel generator alternative; ammonia cracker, a technology to convert ammonia into hydrogen; and methanol fuel tower, a technology solution for conversion of carrier fuel methanol into hydrogen.