AFC Energy (LON:AFC) Reaches New 12-Month Low – Should You Sell?

AFC Energy plc (LON:AFC)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 9.09 ($0.12) and last traded at GBX 9.30 ($0.12), with a volume of 1743520 shares traded. The stock had previously closed at GBX 9.90 ($0.13).

AFC Energy Trading Down 6.1 %

The firm has a market cap of £79.46 million, a price-to-earnings ratio of -330.00 and a beta of 2.96. The company has a 50-day moving average price of GBX 12.70 and a 200 day moving average price of GBX 16.62. The company has a quick ratio of 12.18, a current ratio of 4.87 and a debt-to-equity ratio of 2.13.

About AFC Energy

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.