Versarien (LON:VRS) Trading Up 8.3% – Here’s Why

Versarien plc (LON:VRS)’s stock price rose 8.3% during mid-day trading on Friday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 37,059,480 shares changed hands during trading, a decline of 12% from the average daily volume of 42,345,426 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

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 firm has a 50-day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.06. The company has a market cap of £932,000.00, a price-to-earnings ratio of -1.00 and a beta of 1.13.

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.