Versarien (LON:VRS) Trading 6.7% Higher – Still a Buy?

Versarien plc (LON:VRS)’s share price traded up 6.7% on Wednesday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 8,369,104 shares were traded during trading, a decline of 89% from the average session volume of 76,024,820 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The firm has a market cap of £675,700.00, a price-to-earnings ratio of -0.73 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. The firm has a fifty day moving average price of GBX 0.03 and a 200-day moving average price of GBX 0.04.

Versarien (LON:VRS) last issued its quarterly earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) earnings per share (EPS) for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. As a group, sell-side analysts forecast that Versarien plc will post -332.0000161 EPS for the current year.

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.