Velocys plc (LON:VLS – Get Rating)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 3.50 ($0.04) and last traded at GBX 3.90 ($0.05), with a volume of 4792131 shares. The stock had previously closed at GBX 3.95 ($0.05).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a “house stock” rating on shares of Velocys in a report on Monday, December 12th.
Velocys Stock Performance
The company’s fifty day simple moving average is GBX 4.30 and its two-hundred day simple moving average is GBX 4.87. The company has a debt-to-equity ratio of 1.99, a quick ratio of 6.97 and a current ratio of 7.27. The company has a market capitalization of £54.60 million, a price-to-earnings ratio of -390.00 and a beta of 1.14.
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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