Versarien (LON:VRS) Shares Down 2.8% – Here’s What Happened

Versarien plc (LON:VRS) was down 2.8% during mid-day trading on Monday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 27,172,990 shares traded hands during trading, a decline of 44% from the average daily volume of 48,336,738 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The company has a market capitalization of £745,600.00, a P/E ratio of -0.80 and a beta of 1.13. The stock has a fifty day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.06. The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61.

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.