Versarien (LON:VRS) Trading Up 37.1% – Here’s What Happened

Versarien plc (LON:VRSGet Free Report)’s share price rose 37.1% during trading on Tuesday . The company traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 687,321,938 shares changed hands during mid-day trading, an increase of 726% from the average daily volume of 83,194,984 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The firm’s 50-day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.05. 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 stock has a market capitalization of £1.12 million, a PE ratio of -1.20 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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