Versarien (LON:VRS) Trading Up 65.4% – Time to Buy?

Versarien plc (LON:VRS)’s stock price shot up 65.4% during mid-day trading on Monday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). 275,047,563 shares traded hands during mid-day trading, an increase of 330% from the average session volume of 63,926,156 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The company 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 debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The firm has a market cap of £955,300.00, a PE ratio of -1.03 and a beta of 1.13.

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