Velocys (LON:VLS) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Velocys plc (LON:VLSGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.27 ($0.00) and traded as high as GBX 0.27 ($0.00). Velocys shares last traded at GBX 0.27 ($0.00), with a volume of 3,953,350 shares.

Velocys Stock Performance

The stock has a fifty day moving average of GBX 0.27 and a 200-day moving average of GBX 0.27. The firm has a market capitalization of £4.50 million, a P/E 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.

About Velocys

(Get Free Report)

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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