Velocys (LON:VLS) Given “House Stock” Rating at Shore Capital

Shore Capital reissued their house stock rating on shares of Velocys (LON:VLS – Get Rating) in a report released on Tuesday morning, Marketbeat.com reports.

Velocys Price Performance

VLS stock opened at GBX 3.75 ($0.05) on Tuesday. Velocys has a 52-week low of GBX 3.50 ($0.04) and a 52-week high of GBX 7.30 ($0.09). The company has a quick ratio of 6.97, a current ratio of 7.27 and a debt-to-equity ratio of 1.99. The company has a market capitalization of £52.50 million, a PE ratio of -375.00 and a beta of 1.17. The stock’s 50 day moving average is GBX 4.26 and its two-hundred day moving average is GBX 4.84.

About Velocys

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Velocys plc operates as a renewable fuels company. It designs, develops, and licenses its Fischer-Tropsch technology for the generation of clean, low carbon, and synthetic drop-in aviation and road transport fuel from municipal solid waste and residual woody biomass plants. It has operations in the Americas and the Asia Pacific.