Versarien (LON:VRS) Trading 37.1% Higher – What’s Next?

Versarien plc (LON:VRS) shares rose 37.1% on Tuesday . The company traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 595,812,688 shares were traded during mid-day trading, an increase of 660% from the average daily volume of 78,378,703 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The firm’s fifty day moving average is GBX 0.03 and its 200 day moving average is GBX 0.05. The firm has a market capitalization of £862,100.00, a price-to-earnings ratio of -0.93 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.

Versarien Company Profile

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.