Versarien (LON:VRS) Trading Up 9.7% – Still a Buy?

Versarien plc (LON:VRS)’s share price was up 9.7% during trading on Thursday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 2,320,570 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 49,599,199 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The business has a fifty day moving average of GBX 0.05 and a 200-day moving average of GBX 0.07. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58. The company has a market capitalization of £766,570.00, a P/E ratio of -0.85 and a beta of 1.13.

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.