Vela Technologies (VELA) Stock Price Up 6.1%
Vela Technologies PLC (LON:VELA)’s share price rose 6.1% during mid-day trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 4,800,000 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 6,130,000 shares. The stock had previously closed at GBX 0.17 ($0.00).
The stock has a market cap of $1.38 million and a PE ratio of -1.65. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 39.03.
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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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