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

Versarien plc (LON:VRS) shares dropped 25% during mid-day trading on Wednesday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 502,839,500 shares were traded during trading, an increase of 601% from the average daily volume of 71,713,016 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price Performance

The firm has a market capitalization of £675,700.00, a PE ratio of -0.73 and a beta of 1.13. The firm’s 50 day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.03. The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61.

Versarien (LON:VRS) last issued its earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) earnings per share for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. As a group, research analysts forecast 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.