Versarien (LON:VRS) Shares Up 5.6% – Should You Buy?

Versarien plc (LON:VRS) shot up 5.6% during trading on Friday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 70,745,219 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 59,188,297 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Up 11.1 %

The business’s fifty day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.06. The stock has a market cap of £932,000.00, a price-to-earnings ratio of -1.00 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.

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.