Versarien (LON:VRS) Stock Price Down 6.7% – Here’s What Happened

Versarien plc (LON:VRS)’s stock price fell 6.7% 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). 158,022,625 shares changed hands during mid-day trading, an increase of 48% from the average session volume of 107,126,523 shares. The stock had previously closed at GBX 0.02 ($0.00).

Versarien Price Performance

The company’s 50-day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.03. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The stock has a market capitalization of £372,800.00, a price-to-earnings ratio of -0.40 and a beta of 1.13.

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