Versarien (LON:VRS) Trading Down 8.3% – Here’s What Happened

Versarien plc (LON:VRS)’s share price was down 8.3% during trading on Wednesday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 53,679,574 shares traded hands during trading, a decline of 53% from the average daily volume of 113,813,695 shares. The stock had previously closed at GBX 0.01.

Versarien Price Performance

The company has a market cap of £661,095.93, a price-to-earnings ratio of -0.03 and a beta of 1.13. The company’s 50 day moving average price is GBX 0.01 and its 200 day moving average price is GBX 0.02. 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 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.