Shares of Vela Technologies PLC (LON:VELA – Get Free Report) dropped 14.3% during trading on Friday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 22,905,213 shares changed hands during trading, a decline of 44% from the average daily volume of 41,224,066 shares. The stock had previously closed at GBX 0.01 ($0.00).
Vela Technologies Stock Performance
The stock has a market capitalization of £1.04 million, a price-to-earnings ratio of -1.01 and a beta of 0.40. The company’s fifty day simple moving average is GBX 0.01 and its 200 day simple moving average is GBX 0.01. The company has a quick ratio of 45.67, a current ratio of 1.40 and a debt-to-equity ratio of 89.58.
Vela Technologies Company Profile
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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