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

Vela Technologies PLC (LON:VELA)’s stock price was down 14.3% on Monday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 25,093,750 shares traded hands during trading, an increase of 22% from the average daily volume of 20,512,043 shares. The stock had previously closed at GBX 0.01 ($0.00).

Vela Technologies Trading Up 16.7 %

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 company has a 50 day simple moving average of GBX 0.01 and a two-hundred day simple moving average of GBX 0.01. The company has a market cap of £1.33 million, a PE 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.