Versarien (LON:VRS) Trading Down 15.6% – Time to Sell?

Versarien plc (LON:VRS) dropped 15.6% on Wednesday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 75,212,148 shares traded hands during trading, a decline of 14% from the average daily volume of 87,645,273 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Down 6.3 %

The business’s 50 day simple moving average is GBX 0.04 and its two-hundred day simple moving average is GBX 0.05. The stock has a market cap of £699,000.00, a P/E ratio of -0.75 and a beta of 1.13. 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.