AFC Energy plc (LON:AFC) Insider Gary Bullard Acquires 200,000 Shares

AFC Energy plc (LON:AFC) insider Gary Bullard bought 200,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were purchased at an average cost of GBX 9 ($0.11) per share, for a total transaction of £18,000 ($22,842.64).

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

• On Monday, November 4th, Gary Bullard purchased 500,000 shares of AFC Energy stock. The shares were purchased at an average cost of GBX 9 ($0.11) per share, with a total value of £45,000 ($57,106.60).

AFC Energy Trading Down 3.8 %

Shares of AFC Energy stock opened at GBX 9.33 ($0.12) on Wednesday. The business has a fifty day simple moving average of GBX 10.06 and a 200-day simple moving average of GBX 14.71. AFC Energy plc has a fifty-two week low of GBX 6.61 ($0.08) and a fifty-two week high of GBX 26.24 ($0.33). The firm has a market cap of £79.71 million, a price-to-earnings ratio of -308.67 and a beta of 2.96. 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.