Versarien (LON:VRS) Trading Down 10% – Here’s What Happened

Versarien plc (LON:VRS) shares fell 10% on Thursday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 60,704,957 shares changed hands during trading, a decline of 46% from the average session volume of 111,818,844 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Down 14.3%

The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61. The company has a market cap of £279,600.00, a price-to-earnings ratio of -0.30 and a beta of 1.13. The stock has a fifty day moving average price of GBX 0.02 and a two-hundred day moving average price of GBX 0.03.

Versarien (LON:VRS) last posted its earnings results on Monday, June 30th. The company reported GBX (0.03) 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, sell-side analysts expect that Versarien plc will post -332.0000161 EPS 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.