Veltyco Group (LON:VLTY) Shares Pass Below 50-Day Moving Average – Time to Sell?

Veltyco Group PLC (LON:VLTYGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 8.40 ($0.11) and traded as low as GBX 8.18 ($0.11). Veltyco Group shares last traded at GBX 8.40 ($0.11), with a volume of 17,381 shares traded.

Veltyco Group Stock Performance

The firm has a market cap of £8.05 million and a price-to-earnings ratio of 0.74. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 53.92. The company has a 50 day moving average of GBX 8.40 and a 200 day moving average of GBX 8.40.

About Veltyco Group

(Get Free Report)

Veltyco Group PLC engages in marketing and promoting gaming Websites, lottery, and online financial trading operations in British Virgin Islands, EU countries, and other Non-EU countries. It focuses on generating marketing leads and entering into marketing contracts for various activities of its partners in sports betting, casinos, poker games, lottery, and online financial trading.

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