Versarien (LON:VRS) Trading Down 6.3% – Here’s What Happened

Versarien plc (LON:VRS)’s share price dropped 6.3% on Wednesday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 43,162,375 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 79,670,039 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Down 6.9 %

The company has a fifty day moving average of GBX 0.03 and a 200-day moving average of GBX 0.04. 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 company has a market capitalization of £629,100.00, a price-to-earnings ratio of -0.68 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.