Versarien (LON:VRS) Stock Price Up 9.7% – Should You Buy?

Shares of Versarien plc (LON:VRS) shot up 9.7% during trading on Thursday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 2,320,570 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 49,599,199 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The business’s 50-day moving average is GBX 0.05 and its 200 day moving average is GBX 0.07. The firm has a market capitalization of £766,570.00, a P/E ratio of -0.85 and a beta of 1.13. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67.

About Versarien

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.