Versarien (LON:VRS) Trading 11.1% Higher – Still a Buy?

Versarien plc (LON:VRS)’s stock price traded up 11.1% on Saturday . The stock traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 207,543,344 shares were traded during mid-day 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 Stock Up 11.1%

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 firm’s 50 day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.03. The firm 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 released its earnings results on Monday, June 30th. The company reported GBX (0.03) earnings per share for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. Research analysts predict that Versarien plc will post -332.0000161 EPS 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.