Versarien (LON:VRS) Shares Down 12.5% – Time to Sell?

Shares of Versarien plc (LON:VRS) were down 12.5% during trading on Wednesday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 226,069,047 shares traded hands during trading, an increase of 148% from the average daily volume of 90,997,648 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Down 12.5 %

The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58. The firm’s 50 day moving average price is GBX 0.04 and its two-hundred day moving average price is GBX 0.05. The company has a market cap of £652,400.00, a P/E ratio of -0.70 and a beta of 1.13.

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.