AFC Energy (LON:AFC) Earns "Outperform" Rating from Royal Bank of Canada

Market Beat
2024.05.14 01:49
portai
I'm PortAI, I can summarize articles.

AFC Energy receives an "outperform" rating and a price target of GBX 4,000 ($50.24) from Royal Bank of Canada. The stock traded at GBX 20.60 ($0.26) on Monday with a trading volume of 1,069,867 shares. AFC Energy is a UK-based company engaged in fuel cell and fuel processing technology development. It has a market cap of £153.97 million and a beta of 2.42.

AFC Energy (LON:AFC - Get Free Report)'s stock had its "outperform" rating reaffirmed by Royal Bank of Canada in a research report issued on Monday, Digital Look reports. They presently have a GBX 4,000 ($50.24) price target on the stock.

AFC Energy Stock Performance

Shares of AFC Energy stock traded up GBX 0.60 ($0.01) during trading on Monday, reaching GBX 20.60 ($0.26). The company's stock had a trading volume of 1,069,867 shares, compared to its average volume of 1,635,958. The company has a quick ratio of 12.18, a current ratio of 7.40 and a debt-to-equity ratio of 3.62. The business's 50-day moving average price is GBX 18.65 and its 200-day moving average price is GBX 17.49. AFC Energy has a 52 week low of GBX 11.18 ($0.14) and a 52 week high of GBX 24 ($0.30). The firm has a market cap of £153.97 million, a PE ratio of -1,030.00 and a beta of 2.42.

AFC Energy Company Profile

(Get Free Report)

AFC Energy plc engages in the development of fuel cell and fuel processing technology and allied equipment in the United Kingdom. The company provides S series air cooled fuel cell generator modules, H-Power Tower, a S series fuel cell generator, and L series fuel cell generators. It is also developing S+ series fuel cell generator modules; S+ series fuel cell generator power cubes; power from ammonia and methanol solutions, which are integrated flexible fueling alternatives; and ammonia cracker, a technology to convert carrier fuel ammonia into hydrogen.

See Also

  • Five stocks we like better than AFC Energy
  • Stock Splits, Do They Really Impact Investors?
  • Why These Companies Are Buying Back Stock Lately
  • Ride Out The Recession With These Dividend Kings
  • GameStop is Roaring Based on Speculation Not Substance
  • What Is WallStreetBets and What Stocks Are They Targeting?
  • 3 Hot Stock Upgrades That Should Be on Your Radar

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ Obama’s Forever Term [exposed] (From Porter & Company) (Ad)

Should you invest $1,000 in AFC Energy right now?

Before you consider AFC Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AFC Energy wasn't on the list.

While AFC Energy currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.