AFC Energy (LON:AFC) Reaches New 12-Month Low – Should You Sell?

Shares of AFC Energy plc (LON:AFC) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 9.09 ($0.12) and last traded at GBX 9.30 ($0.12), with a volume of 1743520 shares changing hands. The stock had previously closed at GBX 9.90 ($0.13).

AFC Energy Trading Down 6.1 %

The company has a market capitalization of £79.46 million, a price-to-earnings ratio of -330.00 and a beta of 2.96. The firm has a 50-day moving average price of GBX 12.70 and a 200-day moving average price of GBX 16.62. The company has a current ratio of 4.87, a quick ratio of 12.18 and a debt-to-equity ratio of 2.13.

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.