Versarien (LON:VRS) Shares Up 18.5% – What’s Next?

Shares of Versarien plc (LON:VRS) rose 18.5% during mid-day trading on Tuesday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 52,787,656 shares were traded during mid-day 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 Trading Up 6.7 %

The firm’s fifty day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.04. The company has a market cap of £745,600.00, a price-to-earnings ratio of -0.80 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.