Versarien (LON:VRS) Trading 45% Higher – Here’s What Happened

Shares of Versarien plc (LON:VRS) traded up 45% on Saturday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00). 994,800,375 shares traded hands during mid-day trading, an increase of 910% from the average session volume of 98,448,586 shares. The stock had previously closed at GBX 0.02 ($0.00).

Versarien Stock Performance

The firm has a market capitalization of £675,700.00, a price-to-earnings ratio of -0.73 and a beta of 1.13. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58. The stock’s fifty day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.03.

Versarien (LON:VRS) last posted its quarterly earnings data on Monday, June 30th. The company reported GBX (0.03) ($0.00) earnings per share for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. Analysts forecast that Versarien plc will post -332.0000161 earnings per share for the current 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.