Versarien (LON:VRS) Shares Down 28.6% – Here’s Why

Shares of Versarien plc (LON:VRS) traded down 28.6% during trading on Saturday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. 266,404,250 shares traded hands during trading, an increase of 130% from the average session volume of 115,725,234 shares. The stock had previously closed at GBX 0.01.

Versarien Stock Performance

The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The company’s fifty day moving average is GBX 0.01 and its 200 day moving average is GBX 0.02. The company has a market cap of £600,996.30, a P/E ratio of -0.03 and a beta of 1.13.

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.