AFC Energy (LON:AFC) Reaches New 1-Year Low – Here’s Why

by · The Markets Daily

AFC Energy plc (LON:AFC – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 9.09 ($0.12) and last traded at GBX 9.30 ($0.12), with a volume of 1743520 shares traded. The stock had previously closed at GBX 9.90 ($0.13).

AFC Energy Price Performance

The stock has a market cap of £70.91 million, a P/E ratio of -276.67 and a beta of 2.96. The company has a 50 day simple moving average of GBX 12.46 and a 200 day simple moving average of GBX 16.51. The company has a current ratio of 4.87, a quick ratio of 12.18 and a debt-to-equity ratio of 2.13.

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.

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