Veltyco Group (LON:VLTY) Shares Up 3.1% – Should You Buy?

Shares of Veltyco Group PLC (LON:VLTY) shot up 3.1% on Monday . The company traded as high as GBX 8.70 ($0.11) and last traded at GBX 8.40 ($0.11). 17,381 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 62,241 shares. The stock had previously closed at GBX 8.15 ($0.10).

Veltyco Group Stock Performance

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

Veltyco Group Company Profile

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.