Vela Technologies (LON:VELA) Share Price Passes Below 200 Day Moving Average – Here’s Why

Vela Technologies PLC (LON:VELAGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.01 ($0.00) and traded as low as GBX 0 ($0.00). Vela Technologies shares last traded at GBX 0 ($0.00), with a volume of 243,460,938 shares.

Vela Technologies Trading Up 50.0 %

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 stock has a market cap of £569,100.00, a P/E ratio of -1.01 and a beta of 0.40.

Vela Technologies Company Profile

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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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