Versarien (LON:VRS) Trading 18.5% Higher – Here’s Why

Versarien plc (LON:VRS) shares were up 18.5% during mid-day trading on Monday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 52,787,656 shares changed hands during trading, a decline of 32% from the average daily volume of 77,119,609 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Up 18.5 %

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 capitalization of £745,600.00, a PE ratio of -0.80 and a beta of 1.13.

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.