Vela Technologies (LON:VELA) Trading Down 14.3% – Time to Sell?

Vela Technologies PLC (LON:VELAGet Free Report)’s stock price fell 14.3% during trading on Tuesday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 12,261,030 shares were traded during trading, a decline of 73% from the average session volume of 45,336,246 shares. The stock had previously closed at GBX 0.01 ($0.00).

Vela Technologies Price Performance

The stock has a market capitalization of £1.33 million, a price-to-earnings ratio of -1.01 and a beta of 0.40. The firm has a 50-day moving average of GBX 0.01 and a 200 day moving average of GBX 0.01. The company has a debt-to-equity ratio of 89.58, a current ratio of 1.62 and a quick ratio of 45.67.

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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