Versarien (LON:VRS) Shares Up 18.5% – What’s Next?

Shares of Versarien plc (LON:VRS) shot up 18.5% on Monday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 43,867,523 shares traded hands during trading, a decline of 43% from the average session volume of 76,965,813 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The company’s fifty day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.04. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58. The company has a market capitalization of £745,600.00, a price-to-earnings ratio of -0.80 and a beta of 1.13.

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.