Vela Technologies (VELA) Shares Up 14.1%

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Vela Technologies PLC (LON:VELA)’s share price shot up 14.1% on Friday . The stock traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 16,523,384 shares traded hands during mid-day trading, an increase of 170% from the average session volume of 6,130,000 shares. The stock had previously closed at GBX 0.09 ($0.00).

The company has a debt-to-equity ratio of 39.03, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market capitalization of $812,000.00 and a P/E ratio of -0.97.

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Vela Technologies Company Profile (LON:VELA)

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.

See Also: Book Value Per Share – BVPS

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