Versarien (LON:VRS) Shares Up 50% – What’s Next?

Versarien plc (LON:VRS) shares traded up 50% on Friday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00). 1,057,884,875 shares changed hands during mid-day trading, an increase of 970% from the average session volume of 98,905,727 shares. The stock had previously closed at GBX 0.02 ($0.00).

Versarien Price Performance

The stock’s 50-day moving average is GBX 0.03 and its 200-day moving average is GBX 0.03. 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 has a market cap of £675,700.00, a P/E ratio of -0.73 and a beta of 1.13.

Versarien (LON:VRS) last announced its quarterly earnings results on Monday, June 30th. The company reported GBX (0.03) ($0.00) EPS for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. As a group, equities analysts anticipate that Versarien plc will post -332.0000161 EPS for the current fiscal year.

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.