AFC Energy plc (LON:AFC) Insider Gary Bullard Acquires 400,000 Shares

AFC Energy plc (LON:AFC) insider Gary Bullard purchased 400,000 shares of the company’s stock in a transaction dated Thursday, August 7th. The stock was purchased at an average price of GBX 10 ($0.13) per share, with a total value of £40,000 ($53,799.60).

AFC Energy Stock Up 4.9%

Shares of AFC opened at GBX 9.60 ($0.13) on Friday. AFC Energy plc has a 52 week low of GBX 5 ($0.07) and a 52 week high of GBX 18 ($0.24). The stock has a market capitalization of £82.15 million, a price-to-earnings ratio of -3.67 and a beta of 2.96. The company has a debt-to-equity ratio of 2.13, a quick ratio of 12.18 and a current ratio of 4.87. The stock has a fifty day moving average of GBX 12.98 and a 200-day moving average of GBX 9.63.

AFC Energy (LON:AFC) last announced its quarterly earnings results on Wednesday, July 16th. The company reported GBX (1.19) (($0.02)) EPS for the quarter. AFC Energy had a negative net margin of 4,502.53% and a negative return on equity of 71.96%. As a group, sell-side analysts anticipate that AFC Energy plc will post -1.9 earnings per share for the current fiscal year.

AFC Energy Company Profile

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.