Vela Technologies PLC (LON:VELA – Get Free Report) dropped 14.3% during mid-day trading on Wednesday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 2,085,084 shares changed hands during trading, a decline of 95% from the average daily volume of 46,041,027 shares. The stock had previously closed at GBX 0.01 ($0.00).
Vela Technologies Stock Performance
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 firm has a 50-day moving average price of GBX 0.01 and a 200-day moving average price of GBX 0.01. The company has a market capitalization of £1.23 million, a price-to-earnings ratio of -1.01 and a beta of 0.40.
About Vela Technologies
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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