Versarien (LON:VRS) Trading Up 4.7% – Here’s What Happened

Versarien plc (LON:VRS)’s share price was up 4.7% during trading on Tuesday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 185,952,344 shares were traded during trading, an increase of 184% from the average daily volume of 65,414,281 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The firm has a 50 day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.03. 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 stock has a market cap of £1.03 million, a PE ratio of -1.10 and a beta of 1.13.

Versarien (LON:VRS) last posted its 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 net margin of 225.06% and a negative return on equity of 216.70%. As a group, research analysts forecast that Versarien plc will post -332.0000161 earnings per share 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.