Versarien (LON:VRS) Stock Price Down 40% – Should You Sell?

Versarien plc (LON:VRS) shares were down 40% during trading on Tuesday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 671,205,438 shares were traded during trading, an increase of 503% from the average daily volume of 111,311,156 shares. The stock had previously closed at GBX 0.02 ($0.00).

Versarien Price Performance

The stock has a market capitalization of £233,000.00, a P/E ratio of -0.25 and a beta of 1.13. The business has a fifty day simple moving average of GBX 0.02 and a 200 day simple moving average of GBX 0.03. The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61.

Versarien (LON:VRS) last announced its quarterly earnings results on Monday, June 30th. The company reported GBX (0.03) ($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 expect 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.