Velocys (LON:VLS) Trading Up 0.2% – Here’s What Happened

Velocys plc (LON:VLS)’s share price was up 0.2% during trading on Thursday . The stock traded as high as GBX 0.27 ($0.00) and last traded at GBX 0.27 ($0.00). Approximately 3,953,350 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 8,416,841 shares. The stock had previously closed at GBX 0.27 ($0.00).

Velocys Trading Up 0.2 %

The company has a market cap of £4.50 million, a price-to-earnings ratio of -27.30 and a beta of 1.33. The company has a quick ratio of 6.97, a current ratio of 2.00 and a debt-to-equity ratio of 109.97. The business’s fifty day simple moving average is GBX 0.27 and its two-hundred day simple moving average is GBX 0.27.

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.