Versarien (LON:VRS) Trading 5.7% Higher – What’s Next?

Versarien plc (LON:VRS)’s share price shot up 5.7% during mid-day trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 28,243,932 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 49,471,352 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The stock’s 50 day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.05. The stock has a market cap of £815,500.00, a P/E ratio of -0.88 and a beta of 1.13. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67.

About Versarien

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.