Versarien (LON:VRS) Trading 45.5% Higher – Here’s Why

Versarien plc (LON:VRS) shares rose 45.5% during trading on Tuesday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 670,367,813 shares were traded during trading, an increase of 735% from the average daily volume of 80,236,898 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Up 69.7%

The firm has a market cap of £1.30 million, a price-to-earnings ratio of -1.40 and a beta of 1.13. The business has a 50 day moving average of GBX 0.03 and a 200 day moving average of 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 quarterly earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) EPS for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. On average, research analysts forecast that Versarien plc will post -332.0000161 earnings per share 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.