Versarien (LON:VRS) Trading Down 21.9% – Here’s What Happened

Versarien plc (LON:VRS) shares dropped 21.9% on Monday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 79,001,586 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 68,959,852 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Up 3.6 %

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 has a market capitalization of £675,700.00, a PE ratio of -0.73 and a beta of 1.13. The company’s 50-day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.04.

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

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.