Velocys Price Performance
VLS opened at GBX 5.02 ($0.06) on Wednesday. The company has a debt-to-equity ratio of 1.97, a current ratio of 2.52 and a quick ratio of 2.39. The stock’s 50 day simple moving average is GBX 5.63 and its 200 day simple moving average is GBX 5.46. The firm has a market cap of £70.16 million and a price-to-earnings ratio of -6.28. Velocys has a 1 year low of GBX 4 ($0.05) and a 1 year high of GBX 17.94 ($0.22).
Insider Activity at Velocys
In other news, insider Philip Sanderson acquired 200,000 shares of the firm’s stock in a transaction on Monday, July 18th. The shares were purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £8,000 ($9,666.51).
Velocys Company Profile
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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