Versarien (LON:VRS) Trading 20.7% Higher – Time to Buy?

Shares of Versarien plc (LON:VRSGet Free Report) traded up 20.7% during mid-day trading on Monday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 19,739,918 shares changed hands during trading, a decline of 63% from the average session volume of 53,103,016 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The business has a fifty day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.06. The stock has a market capitalization of £768,900.00, a P/E ratio of -0.83 and a beta of 1.13.

Versarien Company Profile

(Get Free Report)

Versarien plc provides engineering solutions for various industry sectors in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Technology Business and Mature Business. It offers Nanene, a few-layer graphene; Polygrene, a graphene enhanced polymer; Hexotene, a few-layer hexagonal boron nitride nano-platelet powder; and graphene-based nanomaterials for energy storage devices, as well as a range of electrically conductive graphene inks for various printing processes, substrates, and applications under the Graphinks name.

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