AFC Energy (LON:AFC) Trading Down 10.3% – Time to Sell?

AFC Energy plc (LON:AFC) traded down 10.3% during trading on Friday . The company traded as low as GBX 14.80 and last traded at GBX 15.18. 55,103,043 shares were traded during trading, an increase of 520% from the average session volume of 8,888,025 shares. The stock had previously closed at GBX 16.92.

AFC Energy Stock Up 2.0%

The firm has a market cap of £196.05 million, a price-to-earnings ratio of -7.16 and a beta of 2.37. The business’s 50 day moving average price is GBX 12.04 and its 200 day moving average price is GBX 11.16. The company has a debt-to-equity ratio of 0.49, a quick ratio of 12.18 and a current ratio of 5.13.

AFC Energy (LON:AFC) last issued its quarterly earnings data on Wednesday, February 25th. The company reported GBX (2.41) EPS for the quarter. AFC Energy had a negative return on equity of 76.88% and a negative net margin of 17,756.00%. On average, equities analysts forecast that AFC Energy plc will post -1.9 EPS for the current year.

AFC Energy Company Profile

AFC Energy plc (AIM: AFC) is a leading provider of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions. Our market-leading decentralised ammonia cracker and fuel cell generator products are engineered to unlock the low carbon hydrogen market by meeting customers’ needs with scalable, reliable supplies of low carbon hydrogen and power. AFC Energy is enabling customers to decarbonise at a price that is commercially viable.

Our core strategy is to develop and deploy products that enable the production of scalable, reliable supplies of clean hydrogen at commercially viable prices and without reliance on government subsidies or incentives.