Versarien (LON:VRS) Trading Up 14.3% – Here’s What Happened

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

Versarien Stock Performance

The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The firm has a market capitalization of £932,000.00, a PE ratio of -1.00 and a beta of 1.13. The company’s fifty day simple moving average is GBX 0.03 and its 200 day simple moving average is GBX 0.05.

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.