Velocys (LON:VLS) Earns “House Stock” Rating from 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 reports.

Velocys Trading Down 2.6 %

Shares of Velocys stock opened at GBX 2.41 ($0.03) on Tuesday. The stock has a market capitalization of £33.74 million, a PE ratio of -241.00 and a beta of 1.11. The company has a debt-to-equity ratio of 1.99, a quick ratio of 6.97 and a current ratio of 7.27. Velocys has a 52 week low of GBX 2.20 ($0.03) and a 52 week high of GBX 7.30 ($0.09). The stock has a 50 day moving average price of GBX 3.38 and a two-hundred day moving average price of GBX 4.11.

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.