Versarien (LON:VRS) Trading Up 20.7% – Time to Buy?

Versarien plc (LON:VRSGet Free Report) was up 20.7% during mid-day trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 19,739,918 shares changed hands during trading, a decline of 63% from the average daily volume of 53,103,016 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The firm has a market capitalization of £699,000.00, a P/E ratio of -0.75 and a beta of 1.13. 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 0.03 and its 200-day moving average is GBX 0.06.

About Versarien

(Get Free Report)

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.

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