AFC Energy (OTCMKTS:AFGYF) Trading Down 9.7% – What’s Next?

AFC Energy plc (OTCMKTS:AFGYF) traded down 9.7% during mid-day trading on Friday . The stock traded as low as $0.12 and last traded at $0.12. 2,520 shares traded hands during trading, a decline of 69% from the average session volume of 8,104 shares. The stock had previously closed at $0.13.

AFC Energy Stock Performance

The business has a 50-day simple moving average of $0.12 and a two-hundred day simple moving average of $0.17.

AFC Energy Company Profile

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.