Versarien (LON:VRS) Stock Price Up 14.3% – Here’s What Happened

Versarien plc (LON:VRS) shares shot up 14.3% on Friday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). 294,637,969 shares traded hands during trading, an increase of 164% from the average session volume of 111,403,711 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price Performance

The business’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.05. The company has a market capitalization of £932,000.00, a P/E ratio of -1.00 and a beta of 1.13. The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61.

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.