Versarien (LON:VRS) Trading 25% Higher – Here’s Why

Versarien plc (LON:VRS) traded up 25% during trading on Tuesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 68,120,219 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 88,580,414 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Down 6.1 %

The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The stock has a 50 day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.04. The firm has a market cap of £722,300.00, a P/E ratio of -0.78 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.