Shares of Velocity Composites plc (LON:VEL – Get Free Report) rose 1.5% on Wednesday . The company traded as high as GBX 33 ($0.42) and last traded at GBX 33 ($0.42). Approximately 8 shares were traded during trading, a decline of 100% from the average daily volume of 35,710 shares. The stock had previously closed at GBX 32.50 ($0.41).
Velocity Composites Stock Performance
The business has a 50-day moving average of GBX 34.33 and a two-hundred day moving average of GBX 36.37. The company has a market cap of £17.65 million, a P/E ratio of -412.50 and a beta of 1.61. The company has a debt-to-equity ratio of 55.04, a current ratio of 1.72 and a quick ratio of 2.66.
About Velocity Composites
Velocity Composites plc, together with its subsidiaries, offers engineered composite material kits to the aerospace industry in the United Kingdom, Europe, the United States, and internationally. It provides structural material kits, such as ply generation, shape management and configuration control, life management, and cutting and supply service, as well as materials comprising woven fabrics, unidirectional fabrics, impregnated metallic meshes, and film adhesives.
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