Versarien (LON:VRS) Stock Price Up 65.4% – Should You Buy?

Versarien plc (LON:VRS) rose 65.4% on Tuesday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 275,047,563 shares were traded during trading, an increase of 330% from the average daily volume of 63,926,156 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The business has a 50-day moving average of GBX 0.03 and a two-hundred day moving average of GBX 0.03. 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 company has a market cap of £1.03 million, a P/E ratio of -1.10 and a beta of 1.13.

Versarien (LON:VRS) last released its quarterly earnings results 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, sell-side analysts predict that Versarien plc will post -332.0000161 EPS for the current fiscal 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.