A report released today by Numis about Velocys (LON:VLS) maintains the target price at 114.00GBX
- Updated: September 25, 2016
Yesterday Velocys (LON:VLS) traded 0.42% higher at 29.75GBX. VLS’s 50-day average is 29.18GBX and its two hundred day average is 31.12GBX. With the last close down -3.87% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 259,922 shares of VLS traded hands, down from an average trading volume of 348,933
In a statement issued on Monday September 26, 2016 Numis hold steady the stock price target of Velocys (LON:VLS) from 114.00GBX to 114.00GBX indicating a possible upside of 2.83%.
On 9/21/2016, Canaccord Genuity released a statement about Velocys (LON:VLS) held steady the target price at 95.00GBX that suggested an upside of 2.32%.
Recent Performance Chart
Velocys has with a one year low of 25.00GBX and a one year high of 90.00GBX and has a market capitalization of 0 GBX.
General Company Details For Velocys (LON:VLS)
Velocys plc (Velocys) is a holding company. The Company is engaged in producing synthetic fuels. The Company provides small scale gas-to-liquids (GTL), a technology that produces liquid fuels and specialty chemicals from undervalued natural gas, waste or biomass. Its technology turns natural gas or biomass into premium products, such as diesel, jet fuel, waxes and base oils. Velocys' technology is designed for smaller scales, combining catalysts with reactor systems. The Company's business is focused on the emerging market for modular GTL plants with production in the range of 1,500 to 15,000 barrels per day. The Company's technology is developed for GTL and biomass-to-liquids (BTL) applications. The Company's subsidiaries include Velocys Technologies Limited, Velocys (USA Holdings) LLC and Oxford Catalysts Trustees Limited.
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