Versarien (LON:VRS) Trading Up 14.3% – Here’s Why

Versarien plc (LON:VRS)’s stock price was up 14.3% during trading on Saturday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 294,637,969 shares traded hands during trading, an increase of 164% from the average daily volume of 111,403,711 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Trading Up 14.3 %

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 business’s fifty day moving average is GBX 0.03 and its 200 day moving average is GBX 0.05. The firm has a market capitalization of £932,000.00, a price-to-earnings ratio of -1.00 and a beta of 1.13.

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.