Versarien (LON:VRS) Stock Price Up 6.7% – Here’s Why

Shares of Versarien plc (LON:VRS) were up 6.7% on Wednesday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 8,369,104 shares changed hands during trading, a decline of 89% from the average daily volume of 76,024,820 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The company has a 50-day moving average price of GBX 0.03 and a two-hundred day moving average price of GBX 0.04. 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 stock has a market capitalization of £675,700.00, a P/E ratio of -0.73 and a beta of 1.13.

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