AFC Energy (LON:AFC) Stock Price Crosses Above 50-Day Moving Average of $17.69

AFC Energy plc (LON:AFC) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 17.69 ($0.22) and traded as high as GBX 19.27 ($0.24). AFC Energy shares last traded at GBX 18.10 ($0.22), with a volume of 483,005 shares traded.

AFC Energy Price Performance

The firm has a market capitalization of £139.61 million, a P/E ratio of -905.00 and a beta of 2.38. The company has a quick ratio of 12.18, a current ratio of 11.54 and a debt-to-equity ratio of 3.16. The business’s 50 day moving average is GBX 17.69 and its 200-day moving average is GBX 16.98.

About AFC Energy

AFC Energy plc engages in the development of fuel cell and fuel processing technology and allied equipment in the United Kingdom. The company provides S series air cooled fuel cell generator modules, H-Power Tower, a S series fuel cell generator, and L series fuel cell generators. It is also developing S+ series fuel cell generator modules; S+ series fuel cell generator power cubes; power from ammonia and methanol solutions, which are integrated flexible fueling alternatives; and ammonia cracker, a technology to convert carrier fuel ammonia into hydrogen.