Versarien (LON:VRS) Stock Price Up 65.4% – Here’s What Happened

Versarien plc (LON:VRS) traded up 65.4% during trading on Tuesday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). 275,047,563 shares changed hands during mid-day trading, an increase of 330% from the average session volume of 63,926,156 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Up 2.3 %

The firm has a market capitalization of £1.03 million, a price-to-earnings ratio of -1.10 and a beta of 1.13. 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 firm’s 50 day moving average is GBX 0.03 and its 200 day moving average is GBX 0.03.

Versarien (LON:VRS) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX (0.33) ($0.00) EPS for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. Equities analysts forecast 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.