Versarien (LON:VRS) Trading 18.5% Higher – Should You Buy?

Versarien plc (LON:VRS) shares rose 18.5% during mid-day trading on Monday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 52,787,656 shares changed hands during trading, a decline of 32% from the average daily volume of 77,119,609 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Up 18.5 %

The firm has a market capitalization of £745,600.00, a price-to-earnings ratio of -0.80 and a beta of 1.13. The business’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.04. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67.

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.