Versarien (LON:VRS) Stock Price Up 17.2% – Still a Buy?

Versarien plc (LON:VRS)’s stock price was up 17.2% during trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 16,479,594 shares traded hands during trading, a decline of 69% from the average daily volume of 53,089,977 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Up 17.2 %

The company’s 50 day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.06. 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 firm has a market capitalization of £792,200.00, a PE ratio of -0.85 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.