Versarien (LON:VRS) Trading Up 11.1% – Here’s Why

Versarien plc (LON:VRS)’s stock price was up 11.1% during mid-day trading on Tuesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 189,999,797 shares changed hands during mid-day trading, an increase of 278% from the average daily volume of 50,202,871 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Trading Up 25.0 %

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 market capitalization of £1.05 million, a P/E ratio of -0.91 and a beta of 1.13. The company has a 50-day moving average price of GBX 0.04 and a 200 day moving average price of GBX 0.06.

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.