Vela Technologies (LON:VELA) Trading Down 14.3% – Here’s What Happened

Vela Technologies PLC (LON:VELAGet Free Report)’s stock price traded down 14.3% during mid-day trading on Wednesday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 2,085,084 shares were traded during trading, a decline of 95% from the average session volume of 46,041,027 shares. The stock had previously closed at GBX 0.01 ($0.00).

Vela Technologies Stock Down 14.3 %

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 company has a market capitalization of £1.14 million, a P/E ratio of -1.01 and a beta of 0.40. The stock has a 50 day moving average price of GBX 0.01 and a 200 day moving average price of 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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