AFC Energy (LON:AFC) Stock Passes Below 200-Day Moving Average of $40.05

AFC Energy plc (LON:AFCGet Rating) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 40.05 ($0.50) and traded as low as GBX 24.28 ($0.31). AFC Energy shares last traded at GBX 25.40 ($0.32), with a volume of 3,442,617 shares changing hands.

The company has a debt-to-equity ratio of 1.51, a current ratio of 29.36 and a quick ratio of 28.56. The firm has a market capitalization of £195.68 million and a PE ratio of -20.49. The company’s fifty day simple moving average is GBX 33.97 and its 200-day simple moving average is GBX 39.81.

About AFC Energy (LON:AFC)

AFC Energy plc engages in the development of alkaline fuel cell technology and allied equipment for the generation of clean energy in the United Kingdom. The company offers HydroX-Cell(L), an alkaline fuel cell module; HydroX-Cell(S); and AlkaMem, an anionic exchange membrane technology for alkaline water electrolysis, alkaline fuel cells, fuel synthesis, electrodialysis, desalination, acid remediation, salt water batteries, and REDOX flow batteries applications.

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