AFC Energy (OTCMKTS:AFGYF) Trading 20.3% Higher – Still a Buy?

AFC Energy plc (OTCMKTS:AFGYFGet Free Report)’s share price rose 20.3% during mid-day trading on Tuesday . The company traded as high as $0.15 and last traded at $0.15. Approximately 1,020 shares were traded during mid-day trading, an increase of 1% from the average daily volume of 1,010 shares. The stock had previously closed at $0.12.

AFC Energy Price Performance

The firm’s fifty day moving average is $0.13 and its 200 day moving average is $0.16.

About AFC Energy

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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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