Versarien (LON:VRS) Shares Up 11.1% – Still a Buy?

Versarien plc (LON:VRS) shares shot up 11.1% on Saturday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 207,543,344 shares changed hands during trading, an increase of 71% from the average session volume of 121,252,906 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Price Performance

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 business’s 50-day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.03. The company has a market capitalization of £600,996.30, a P/E ratio of -3.03 and a beta of 1.13.

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