Vela Technologies (LON:VELA) Stock Price Up 16.7% – Still a Buy?

Vela Technologies PLC (LON:VELAGet Free Report)’s stock price was up 16.7% during trading on Tuesday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 196,042,859 shares changed hands during mid-day trading, an increase of 50% from the average daily volume of 130,499,875 shares. The stock had previously closed at GBX 0.01 ($0.00).

Vela Technologies Stock Up 16.7 %

The company has a current ratio of 1.62, a quick ratio of 45.67 and a debt-to-equity ratio of 89.58. The stock has a market cap of £1.33 million, a P/E ratio of -1.01 and a beta of 0.40. The stock’s fifty day moving average price is GBX 0.01 and its 200 day moving average price is GBX 0.01.

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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