The stock of Velocys PLC (LON:VLS) is a huge mover today! The stock increased 1.82% or GBX 0.62 on November 24, hitting GBX 35. About 138,500 shares traded hands. Velocys PLC (LON:VLS) has declined 8.33% since April 26, 2016 and is downtrending. It has underperformed by 13.74% the S&P500.
The move comes after 5 months negative chart setup for the GBX 49.24 million company. It was reported on Nov, 24 by Barchart.com. We have GBX 32.90 PT which if reached, will make LON:VLS worth GBX 2.95 million less.
Velocys PLC (LON:VLS) Ratings Coverage
Out of 2 analysts covering VELOCYS ORD 1P (LON:VLS), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. VELOCYS ORD 1P has been the topic of 10 analyst reports since September 23, 2015 according to StockzIntelligence Inc. On Wednesday, September 30 the stock rating was maintained by Canaccord Genuity with “Speculative Buy”. The stock of Velocys PLC (LON:VLS) has “Buy” rating given on Monday, September 26 by Numis Securities. Canaccord Genuity maintained Velocys PLC (LON:VLS) on Friday, October 2 with “Speculative Buy” rating. The rating was maintained by Canaccord Genuity with “Speculative Buy” on Wednesday, September 23. The rating was maintained by Canaccord Genuity on Monday, September 26 with “Speculative Buy”. Canaccord Genuity maintained the stock with “Speculative Buy” rating in Wednesday, September 21 report. The firm has “Buy” rating given on Wednesday, September 21 by Numis Securities. Numis Securities maintained Velocys PLC (LON:VLS) rating on Wednesday, September 30. Numis Securities has “Buy” rating and GBX 189 price target. The stock has “Buy” rating given by Numis Securities on Friday, February 5. The firm earned “Buy” rating on Wednesday, November 18 by Numis Securities.
More news for Velocys PLC (LON:VLS) were recently published by: Uk.Finance.Yahoo.com, which released: “-LSE Ticker: 11SZ26/ISIN: GB00B11SZ269” on March 31, 2014. Fool.Co.Uk‘s article titled: “How Much Further Can Shares In BHP Billiton plc, Rio Tinto plc & Velocys plc Fall?” and published on December 07, 2015 is yet another important article.
Velocys plc is a holding company. The company has a market cap of 49.24 million GBP. The Firm is engaged in producing synthetic fuels. It currently has negative earnings. The Firm provides small scale gas-to-liquids (GTL), a technology that produces liquid fuels and specialty chemicals from undervalued natural gas, waste or biomass.
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