Versarien (LON:VRS) Stock Price Down 17.9% – Here’s Why

Versarien plc (LON:VRS) shares traded down 17.9% during mid-day trading on Thursday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.05 ($0.00). 561,325,063 shares changed hands during mid-day trading, an increase of 614% from the average session volume of 78,602,813 shares. The stock had previously closed at GBX 0.06 ($0.00).

Versarien Stock Performance

The stock has a market capitalization of £932,000.00, a PE ratio of -1.00 and a beta of 1.13. The business’s 50 day moving average is GBX 0.03 and its 200 day moving average is 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 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 net margin of 225.06% and a negative return on equity of 216.70%. On average, equities research analysts predict that Versarien plc will post -332.0000161 earnings per share for the current fiscal 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.