Vela Technologies (LON:VELA) Stock Price Down 10%

Vela Technologies PLC (LON:VELAGet Free Report) was down 10% during mid-day trading on Tuesday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 79,158,438 shares changed hands during mid-day trading, an increase of 79% from the average daily volume of 44,139,324 shares. The stock had previously closed at GBX 0.01 ($0.00).

Vela Technologies Stock Down 10.0 %

The company has a debt-to-equity ratio of 89.58, a current ratio of 1.40 and a quick ratio of 45.67. The firm has a market capitalization of £1.49 million, a price-to-earnings ratio of -1.01 and a beta of 0.39. The business has a fifty day moving average price of GBX 0.01 and a two-hundred day moving average price of GBX 0.01.

Vela Technologies Company Profile

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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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