Vela Technologies (LON:VELA) Hits New 12-Month Low at $0.01

Vela Technologies PLC (LON:VELAGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00), with a volume of 41191031 shares. The stock had previously closed at GBX 0.01 ($0.00).

Vela Technologies Price Performance

The stock’s fifty day moving average price is GBX 0.01 and its 200-day moving average price is GBX 0.02. The firm has a market cap of £1.57 million, a price-to-earnings ratio of -1.01 and a beta of 0.39. The company has a current ratio of 1.40, a quick ratio of 45.67 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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