Vela Technologies (LON:VELA) Stock Price Down 16.7% – What’s Next?

Vela Technologies PLC (LON:VELAGet Free Report)’s share price was down 16.7% during trading on Wednesday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 1,000,000 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 40,429,387 shares. The stock had previously closed at GBX 0.01 ($0.00).

Vela Technologies Trading Down 16.7 %

The stock has a market cap of £948,500.00, a P/E ratio of -1.01 and a beta of 0.40. The firm’s 50 day simple moving average is GBX 0.01 and its two-hundred day simple moving average is GBX 0.01. The company has a quick ratio of 45.67, a current ratio of 1.62 and a debt-to-equity ratio of 89.58.

About Vela Technologies

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Vela Technologies PLC is a venture capital firm specializing in investments in early stage. The firm focuses on pre-IPO technology investments and also invests in hi-tech engineering solutions. It invests in small and medium sized companies based in Europe and United Kingdom. The firm seeks for non-controlling stakes in its portfolio companies.

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