Vela Technologies (LON:VELA) Stock Price Up 16.7% – Here’s What Happened

Vela Technologies PLC (LON:VELAGet Free Report) shares shot up 16.7% during trading on Friday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 1,016,428 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 42,734,895 shares. The stock had previously closed at GBX 0.01 ($0.00).

Vela Technologies Stock Performance

The company’s fifty day simple moving average is GBX 0.01 and its two-hundred day simple moving average is GBX 0.01. The company has a debt-to-equity ratio of 89.58, a quick ratio of 45.67 and a current ratio of 1.62. The stock has a market capitalization of £1.14 million, a P/E ratio of -1.01 and a beta of 0.40.

About Vela Technologies

(Get Free Report)

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.

See Also

Receive News & Ratings for Vela Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vela Technologies and related companies with MarketBeat.com's FREE daily email newsletter.