Versarien (LON:VRS) Trading 69.7% Higher – Should You Buy?

Shares of Versarien plc (LON:VRS) rose 69.7% during mid-day trading on Tuesday . The stock traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 1,078,180,875 shares were traded during mid-day trading, an increase of 1,182% from the average daily volume of 84,120,828 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Up 69.7%

The company has a 50 day moving average of GBX 0.03 and a 200-day moving average of GBX 0.03. The stock has a market cap of £1.30 million, a price-to-earnings ratio of -1.40 and a beta of 1.13. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58.

Versarien (LON:VRS) last issued its quarterly earnings results 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, research analysts anticipate 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.