Versarien (LON:VRS) Trading Up 8.3% – Here’s Why

Versarien plc (LON:VRSGet Free Report)’s share price shot up 8.3% during trading on Friday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 37,059,480 shares were traded during trading, a decline of 12% from the average session volume of 42,345,426 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price Performance

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 stock has a 50 day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.06. The company has a market cap of £932,000.00, a price-to-earnings ratio of -1.00 and a beta of 1.13.

Versarien Company Profile

(Get Free Report)

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.

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