Versarien (LON:VRS) Stock Price Down 23.5% – Should You Sell?

Versarien plc (LON:VRS) was down 23.5% during mid-day trading on Friday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 388,994,531 shares changed hands during mid-day trading, an increase of 265% from the average daily volume of 106,688,477 shares. The stock had previously closed at GBX 0.02 ($0.00).

Versarien Stock Performance

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 has a market cap of £372,800.00, a P/E ratio of -0.40 and a beta of 1.13. The company’s 50 day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.03.

Versarien (LON:VRS) last posted its earnings results on Monday, June 30th. The company reported GBX (0.03) ($0.00) earnings per share (EPS) for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. Equities analysts forecast 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.