Versarien (LON:VRS) Shares Up 34.6% – Time to Buy?

Shares of Versarien plc (LON:VRS) were up 34.6% during trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 133,031,219 shares traded hands during mid-day trading, an increase of 114% from the average daily volume of 62,172,871 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The stock’s 50 day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.03. The firm has a market capitalization of £815,500.00, a PE ratio of -0.88 and a beta of 1.13.

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

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.