Shares of Velocity Composites (LON VEL) opened at GBX 71.50 ($0.99) on Tuesday. The company has a market capitalization of $18.46 and a price-to-earnings ratio of -2,383.33. Velocity Composites has a fifty-two week low of GBX 65.50 ($0.90) and a fifty-two week high of GBX 139.40 ($1.93).
Velocity Composites (LON:VEL) last issued its earnings results on Tuesday, January 23rd. The company reported GBX (2) (($0.03)) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 1.30 ($0.02) by GBX (3.30) (($0.05)). The firm had revenue of GBX 2,137 million during the quarter. Velocity Composites had a negative net margin of 5.44% and a negative return on equity of 24.38%.
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About Velocity Composites
Velocity Composites plc is a United Kingdom-based manufacturer of carbon fiber and ancillary material kits for use in the production of aircraft. The Company offers a full shape generation, shape management and nesting service. Its offerings include Structural Kits and Consumable Engineered Vacuum Bag Material Kits.
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