Vela Technologies (LON:VELA) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Vela Technologies PLC (LON:VELA)’s stock price passed below its 200-day moving average during trading on Thursday . 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 188,762,109 shares changing hands.

Vela Technologies Trading Down 40.0 %

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 capitalization of £569,100.00, a PE ratio of -1.01 and a beta of 0.40. The company has a 50 day moving average of GBX 0.01 and a two-hundred day moving average of GBX 0.01.

Vela Technologies Company Profile

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.