Versarien (LON:VRS) Trading 11.4% Higher – Here’s What Happened

Versarien plc (LON:VRSGet Free Report) rose 11.4% during mid-day trading on Friday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 253,786,172 shares changed hands during trading, an increase of 132% from the average daily volume of 109,546,813 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price Performance

The company has a market capitalization of £908,700.00, a PE ratio of -0.98 and a beta of 1.13. 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’s 50-day moving average is GBX 0.03 and its 200-day moving average is GBX 0.05.

Versarien Company Profile

(Get Free Report)

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.

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