Insider Gary Bullard Purchases 500,000 Shares of AFC Energy Stock

In a recent transaction, Gary Bullard, an insider at AFC Energy plc, acquired 500,000 shares of the company’s stock. The purchase was made at an average price of GBX 9 per share, resulting in a total value of £45,000.

AFC Energy stock has been showing promising performance. On Tuesday, it traded up to GBX 10.74, with a trading volume of 19,856,020 shares. The company’s 50-day simple moving average is GBX 10.63, while its 200-day simple moving average is GBX 15.27.

The United Kingdom-based AFC Energy is engaged in the development of fuel cell and fuel processing technology and equipment. The company offers air cooled and liquid cooled fuel cells, including the H-Power Tower and L series fuel cell generators. AFC Energy is also developing innovative technologies such as the H-power generator S series fuel cell and ammonia cracker.

With a market capitalization of £91.76 million, AFC Energy has displayed a beta of 2.96. The company has a debt-to-equity ratio of 2.13, a quick ratio of 12.18, and a current ratio of 4.87.

While this insider purchase may indicate confidence in the company’s potential, it’s essential to conduct thorough research and consider expert opinions. MarketBeat, a trusted source for financial data, offers insights from top-rated analysts. Although AFC Energy has a “Buy” rating among analysts, MarketBeat has identified five stocks that top analysts believe are better opportunities for investment.

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FAQ:

1. Who acquired 500,000 shares of AFC Energy plc?
– Gary Bullard, an insider at AFC Energy plc, acquired 500,000 shares of the company’s stock.

2. What was the average price per share for the acquisition?
– The purchase was made at an average price of GBX 9 per share.

3. What was the total value of the acquisition?
– The total value of the acquisition was £45,000.

4. What is the current trading price of AFC Energy stock?
– On Tuesday, the stock traded up to GBX 10.74.

5. What is the trading volume of AFC Energy stock?
– The trading volume of AFC Energy stock on that day was 19,856,020 shares.

6. What are the moving averages for AFC Energy stock?
– The company’s 50-day simple moving average is GBX 10.63, while its 200-day simple moving average is GBX 15.27.

7. What is AFC Energy’s main business?
– AFC Energy is engaged in the development of fuel cell and fuel processing technology and equipment.

8. What types of fuel cells does AFC Energy offer?
– AFC Energy offers air cooled and liquid cooled fuel cells, including the H-Power Tower and L series fuel cell generators.

9. What innovative technologies is AFC Energy developing?
– AFC Energy is developing innovative technologies such as the H-power generator S series fuel cell and ammonia cracker.

10. What is AFC Energy’s market capitalization?
– AFC Energy has a market capitalization of £91.76 million.

11. What is AFC Energy’s beta?
– AFC Energy has a beta of 2.96.

12. What are AFC Energy’s debt-to-equity ratio, quick ratio, and current ratio?
– AFC Energy has a debt-to-equity ratio of 2.13, a quick ratio of 12.18, and a current ratio of 4.87.

13. What additional resources are available for financial data and analysis?
– MarketBeat is a trusted source for financial data and offers insights from top-rated analysts. They also provide time-tested investing strategies to maximize the monthly income generated by a stock portfolio.

Definitions:

1. GBX: GBX stands for “pence sterling.” It is a common unit of currency used to denote pence in the United Kingdom. For example, GBX 10 means 10 pence.

2. Moving Average: Moving averages are commonly used in technical analysis to smooth out fluctuations in stock prices. They are calculated by adding up a series of prices and dividing the sum by the number of periods.

3. Market Capitalization: Market capitalization refers to the total value of a company’s outstanding shares of stock. It is calculated by multiplying the current share price by the number of shares.

4. Beta: Beta is a measure of a stock’s volatility in relation to the overall market. A beta higher than 1 indicates greater volatility, while a beta lower than 1 suggests less volatility.

5. Debt-to-Equity Ratio: The debt-to-equity ratio is a measure of a company’s financial leverage. It compares a company’s total debt to its total shareholders’ equity.

6. Quick Ratio: The quick ratio, also known as the acid-test ratio, measures a company’s ability to meet its short-term liabilities with its most liquid assets. It excludes inventory from current assets.

7. Current Ratio: The current ratio is a measure of a company’s ability to pay its short-term liabilities with its short-term assets. It includes all current assets and current liabilities.

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The source of the article is from the blog combopop.com.br