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Shore Capital reiterated their house stock rating on shares of Velocys (LON:VLS – Get Rating) in a research report released on Friday morning, Marketbeat reports. Shares of VLS stock opened at GBX 5.99 ($0.08) on Friday. The company has a market cap of £83.53 million and a price-to-earnings ratio of -7.49. The company has a […]
Shore Capital restated their house stock rating on shares of Velocys (LON:VLS – Get Rating) in a research report report published on Thursday, MarketBeat Ratings reports. Shares of LON:VLS opened at GBX 6.65 ($0.09) on Thursday. The stock has a market capitalization of £92.74 million and a price-to-earnings ratio of -8.31. Velocys has a 1-year […]
Velocys (LON:VLS – Get Rating)‘s stock had its “house stock” rating reissued by analysts at Shore Capital in a report released on Tuesday, Digital Look reports. Shares of VLS opened at GBX 5.17 ($0.07) on Tuesday. The stock has a 50-day simple moving average of GBX 6.72 and a 200-day simple moving average of GBX […]
17 May 2021 | 07:38am StockMarketWire.com - Sustainable fuels company Velocys booked a full-year loss as it continued to develop projects in the UK and US. Pre-tax losses for the year through December amounted to £9.6 million, compared to year-on-year losses of £9.9 million. Revenue fell to £0.18 million, down from $0.33 million. Volecys said it had notched deferred revenue of £8.2. million, including £2.1 million invoiced and received from commercial customers during 2020. During the reporting period, it had been granted planning permission from North East Lincolnshire Council for the A...
18 January 2021 | 07:33am StockMarketWire.com - Alternative fuel group Velocys said Shell had withdrawn from a joint venture formed to develop sustainable aviation fuel. Velocys said it would continued to work with British Airways, the other partner in the Altalto joint venture, to secure finance for the Altalto Immingham plant. Velocys and British Airways also would continue discussions with potential sources of finance for the project, which had been underway for several months 'and indicate strong interest in this sector,' the company added. 'Velocys and British Airways are grateful for Sh...