AFC Energy (OTCMKTS:AFGYF) Shares Down 7.7% – Time to Sell?

AFC Energy plc (OTCMKTS:AFGYFGet Free Report) shares dropped 7.7% on Friday . The company traded as low as $0.11 and last traded at $0.11. Approximately 5,000 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 8,075 shares. The stock had previously closed at $0.12.

AFC Energy Trading Down 7.7 %

The stock’s 50 day simple moving average is $0.13 and its two-hundred day simple moving average is $0.19.

AFC Energy Company Profile

(Get Free Report)

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.

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