AFC Energy (LON:AFC) Stock Price Down 21%

AFC Energy plc (LON:AFCGet Free Report) traded down 21% during trading on Tuesday . The stock traded as low as GBX 14.72 ($0.19) and last traded at GBX 15.16 ($0.19). 127,568,086 shares changed hands during trading, an increase of 4,356% from the average session volume of 2,862,539 shares. The stock had previously closed at GBX 19.18 ($0.24).

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 4,000 ($50.94) price objective on shares of AFC Energy in a research note on Monday, May 13th.

Read Our Latest Report on AFC

AFC Energy Stock Performance

The firm has a market capitalization of £113.91 million, a P/E ratio of -959.00 and a beta of 2.42. The firm has a 50-day moving average price of GBX 20.04 and a two-hundred day moving average price of GBX 18.60. The company has a debt-to-equity ratio of 3.62, a current ratio of 7.40 and a quick ratio of 12.18.

AFC Energy Company Profile

(Get Free Report)

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.

Further Reading

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