Shares of Velocys plc (LON:VLS – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.43 ($0.01) and traded as low as GBX 0.27 ($0.00). Velocys shares last traded at GBX 0.27 ($0.00), with a volume of 3,953,350 shares trading hands.
Velocys Price Performance
The firm has a market capitalization of £4.50 million, a price-to-earnings ratio of -27.30 and a beta of 1.33. The company has a fifty day moving average price of GBX 0.27 and a two-hundred day moving average price of GBX 0.43. The company has a quick ratio of 6.97, a current ratio of 2.00 and a debt-to-equity ratio of 109.97.
About Velocys
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.
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