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

Versarien plc (LON:VRS)’s share price was up 14.3% during trading on Friday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 294,637,969 shares changed hands during 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 Price Performance

The firm has a fifty day moving average of GBX 0.03 and a 200 day moving average of GBX 0.05. The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The company has a market capitalization of £932,000.00, a P/E 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.