AFC Energy’s (AFC) “Buy” Rating Reaffirmed at Peel Hunt

AFC Energy (LON:AFC)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research report issued on Monday, MarketBeat Ratings reports.

AFC Energy Stock Up 4.2%

AFC Energy stock opened at GBX 9.10 on Monday. The company has a 50 day moving average of GBX 10.13 and a 200-day moving average of GBX 9.70. The company has a quick ratio of 12.18, a current ratio of 4.87 and a debt-to-equity ratio of 2.13. AFC Energy has a twelve month low of GBX 5 and a twelve month high of GBX 18. The stock has a market capitalization of £102.97 million, a PE ratio of -395.65 and a beta of 2.96.

AFC Energy (LON:AFC) last issued its quarterly earnings data on Wednesday, July 16th. The company reported GBX (1.19) EPS for the quarter. AFC Energy had a negative return on equity of 71.96% and a negative net margin of 4,502.53%. On average, equities research analysts anticipate that AFC Energy will post -1.9 EPS for the current fiscal year.

Insider Transactions at AFC Energy

In other news, insider Gary Bullard bought 100,000 shares of the business’s stock in a transaction on Thursday, August 14th. The shares were purchased at an average price of GBX 9 per share, for a total transaction of £9,000. Corporate insiders own 4.41% of the company’s stock.

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.