Versarien (LON:VRS) Stock Price Up 40% – Should You Buy?

Versarien plc (LON:VRS) shares rose 40% during mid-day trading on Friday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 893,203,188 shares traded hands during trading, an increase of 666% from the average daily volume of 116,635,875 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Down 14.3%

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 company has a market capitalization of £279,600.00, a P/E ratio of -0.30 and a beta of 1.13. The stock has a 50-day moving average price of GBX 0.02 and a 200-day moving average price of GBX 0.03.

Versarien (LON:VRS) last issued its earnings results on Monday, June 30th. The company reported GBX (0.03) earnings per share for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. On average, research analysts predict that Versarien plc will post -332.0000161 EPS for the current fiscal year.

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.