Versarien (LON:VRS) Trading 11.1% Higher – Time to Buy?

Versarien plc (LON:VRS)’s share 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 traded hands 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 Performance

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

Versarien (LON:VRS) last released its quarterly 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%. As a group, equities analysts forecast that Versarien plc will post -332.0000161 EPS 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.