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

AFC Energy plc (LON:AFC) insider Gary Bullard purchased 350,000 shares of AFC Energy stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average cost 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 stock was acquired at an average price of GBX 6 ($0.08) per share, with a total value of £6,000 ($7,765.98).

AFC Energy Price Performance

Shares of LON AFC opened at GBX 5.85 ($0.08) 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. AFC Energy plc has a one year low of GBX 5 ($0.06) and a one year high of GBX 26.24 ($0.34). The firm has a market capitalization of £50.02 million, a P/E ratio of -2.23 and a beta of 2.96. The company’s fifty day moving average is GBX 7.96 and its two-hundred day moving average is GBX 9.27.

AFC Energy (LON:AFC) last announced its quarterly earnings data on Thursday, March 20th. The company reported GBX (2.36) (($0.03)) EPS for the quarter. AFC Energy had a negative net margin of 4,502.53% and a negative return on equity of 71.96%. 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.