Versarien (LON:VRS) Trading Up 15.4% – Here’s Why

Versarien plc (LON:VRS)’s share price shot up 15.4% during mid-day trading on Tuesday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 332,368 shares were traded during mid-day trading, a decline of 100% from the average session volume of 117,570,602 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Up 15.4%

The firm’s fifty day moving average price is GBX 0.01 and its 200-day moving average price is GBX 0.02. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The firm has a market capitalization of £901,494.45, a P/E ratio of -4.55 and a beta of 1.13.

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.