AFC Energy (LON:AFC) Stock Passes Above 50-Day Moving Average of $17.49

AFC Energy plc (LON:AFC)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 17.49 ($0.22) and traded as high as GBX 19.98 ($0.25). AFC Energy shares last traded at GBX 19.08 ($0.24), with a volume of 2,294,287 shares.

AFC Energy Stock Up 1.6 %

The company has a market capitalization of £143.50 million, a price-to-earnings ratio of -960.00 and a beta of 2.38. The firm’s 50 day moving average price is GBX 17.52 and its two-hundred day moving average price is GBX 16.86. The company has a current ratio of 11.54, a quick ratio of 12.18 and a debt-to-equity ratio of 3.16.

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.