The stock of Velocys PLC (LON:VLS) is a huge mover today! The stock increased 1.65% or GBX 0.6 on November 28, hitting GBX 36.85. About 37,846 shares traded hands. Velocys PLC (LON:VLS) has risen 3.57% since April 27, 2016 and is uptrending. It has underperformed by 2.44% the S&P500.
The move comes after 8 months positive chart setup for the GBX 53.63M company. It was reported on Nov, 28 by Barchart.com. We have GBX 38.69 PT which if reached, will make LON:VLS worth GBX 2.68M more.
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. GBX 300 is the highest target while GBX 95 is the lowest. The GBX 112 average target is 203.93% above today’s (GBX 36.85) stock price. VELOCYS ORD 1P has been the topic of 10 analyst reports since September 23, 2015 according to StockzIntelligence Inc. The stock of Velocys PLC (LON:VLS) earned “Speculative Buy” rating by Canaccord Genuity on Monday, September 26. The company was maintained on Wednesday, September 30 by Canaccord Genuity. Numis Securities maintained Velocys PLC (LON:VLS) rating on Wednesday, November 18. Numis Securities has “Buy” rating and GBX 189 price target. The rating was maintained by Numis Securities with “Buy” on Wednesday, September 21. On Friday, February 5 the stock rating was maintained by Numis Securities with “Buy”. The stock has “Speculative Buy” rating given by Canaccord Genuity on Friday, October 2. The firm earned “Speculative Buy” rating on Wednesday, September 21 by Canaccord Genuity. The stock of Velocys PLC (LON:VLS) has “Buy” rating given on Monday, September 26 by Numis Securities. The rating was maintained by Numis Securities on Wednesday, September 30 with “Buy”. The firm has “Speculative Buy” rating by Canaccord Genuity given on Wednesday, September 23.
More recent Velocys PLC (LON:VLS) news were published by: Uk.Finance.Yahoo.com which released: “-LSE Ticker: 11SZ26/ISIN: GB00B11SZ269” on March 31, 2014. Also Fool.Co.Uk published the news titled: “Should You Follow Roman Abramovich In Buying EVRAZ plc, AFC Energy plc …” on June 09, 2015. Fool.Co.Uk‘s news article titled: “How Much Further Can Shares In BHP Billiton plc, Rio Tinto plc & Velocys plc Fall?” with publication date: December 07, 2015 was also an interesting one.
Velocys plc is a holding company. The company has a market cap of 53.63 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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