Versarien (LON:VRS) Trading 11.1% Higher – Here’s What Happened

Shares of Versarien plc (LON:VRS) traded up 11.1% during mid-day trading on Friday . The stock traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 175,975,984 shares were traded during mid-day trading, an increase of 45% from the average session volume of 121,069,375 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Up 11.1%

The firm’s fifty day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.03. The company has a market cap of £600,996.30, a price-to-earnings ratio of -3.03 and a beta of 1.13. 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) 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%. Sell-side analysts predict 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.