Velocys (LON:VLS) stock price target held steady at 114.00GBX, issued a report today by Numis
- Updated: September 25, 2016
Yesterday Velocys (LON:VLS) traded 0.42% higher at 28.63GBX. The company’s 50-day moving average is 29.18GBX and its 200-day moving average is 31.12GBX. The last closing price is down -3.87% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 259,922 shares of the stock traded hands, down from an average trading volume of 348,933
In a report released on Wednesday September 21, 2016 Numis hold steady the stock price target of Velocys (LON:VLS) from 114.00GBX to 114.00GBX indicating a possible upside of 2.98%.
Previously on Monday January 01, 0001, Canaccord Genuity reported on Velocys (LON:VLS) reduced the target price from 130.00GBX to 95.00GBX. At the time, this indicated a possible upside of 1.68%.
See Chart Below
Velocys has a 52 week low of 25.00GBX and a 52 week high of 90.00GBX The company’s market cap is currently 0 GBX.
General Information About 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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