Versarien (LON:VRS) Trading Up 2.3% – Still a Buy?

Versarien plc (LON:VRS) shares were up 2.3% during mid-day trading on Wednesday . The stock traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 434,295,406 shares were traded during trading, an increase of 535% from the average daily volume of 68,442,859 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The business’s fifty day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.03. The stock has a market cap of £978,600.00, a PE ratio of -1.05 and a beta of 1.13. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58.

Versarien (LON:VRS) last issued its earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) 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%. As a group, equities research analysts forecast that Versarien plc will post -332.0000161 EPS 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.