Versarien (LON:VRS) Trading 14.3% Higher – Here’s Why

Versarien plc (LON:VRS)’s stock price traded up 14.3% on Saturday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). 294,637,969 shares were traded during mid-day trading, an increase of 164% from the average session volume of 111,403,711 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The stock has a market cap of £932,000.00, a P/E ratio of -1.00 and a beta of 1.13. The stock has a fifty day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.05. The company has a quick ratio of 1.67, a current ratio of 1.58 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.