Versarien (LON:VRS) Trading Down 25% – What’s Next?

Versarien plc (LON:VRS)’s share price dropped 25% during mid-day trading on Thursday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 523,216,063 shares traded hands during mid-day trading, an increase of 627% from the average daily volume of 71,934,500 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The firm’s 50 day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.03. The firm has a market cap of £699,000.00, a price-to-earnings ratio of -0.75 and a beta of 1.13. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67.

Versarien (LON:VRS) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX (0.33) ($0.00) earnings per share (EPS) for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. On average, analysts anticipate 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.