Versarien (LON:VRS) Trading Up 11.1% – Here’s Why

Versarien plc (LON:VRS)’s share price rose 11.1% during mid-day trading on Saturday . The stock traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 207,543,344 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 121,252,906 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Up 11.1%

The firm’s 50-day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.03. The company has a market cap of £600,996.30, a price-to-earnings ratio of -3.03 and a beta of 1.13. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67.

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