Versarien (LON:VRS) Shares Down 14.3% – Here’s Why

Shares of Versarien plc (LON:VRS) fell 14.3% on Tuesday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 202,567,641 shares traded hands during trading, an increase of 67% from the average session volume of 121,535,539 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Price Performance

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 cap of £841,394.82, a P/E ratio of -4.24 and a beta of 1.13. The stock’s 50-day simple moving average is GBX 0.01 and its two-hundred day simple moving average is GBX 0.02.

Versarien (LON:VRS) last posted its quarterly earnings data on Monday, June 30th. The company reported GBX (0.03) earnings per share for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. Equities research analysts forecast 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.