Insider Buying: AFC Energy plc (LON:AFC) Insider Acquires 200,000 Shares of Stock

AFC Energy plc (LON:AFC) insider Gary Bullard purchased 200,000 shares of AFC Energy stock in a transaction that occurred on Monday, November 18th. The shares were bought at an average cost of GBX 9 ($0.11) per share, for a total transaction of £18,000 ($22,816.58).

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

• On Monday, November 4th, Gary Bullard acquired 500,000 shares of AFC Energy stock. The shares were purchased at an average price of GBX 9 ($0.11) per share, for a total transaction of £45,000 ($57,041.45).

AFC Energy Price Performance

Shares of AFC stock opened at GBX 9.89 ($0.13) on Tuesday. The firm has a fifty day simple moving average of GBX 10.11 and a 200-day simple moving average of GBX 14.77. The company has a market capitalization of £84.47 million, a PE ratio of -323.33 and a beta of 2.96. AFC Energy plc has a twelve month low of GBX 6.61 ($0.08) and a twelve month high of GBX 26.24 ($0.33). The company has a current ratio of 4.87, a quick ratio of 12.18 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.