Versarien (LON:VRS) Shares Up 5.7% – Here’s Why

Versarien plc (LON:VRS) shares shot up 5.7% during trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 28,243,932 shares were traded during mid-day trading, a decline of 43% from the average session volume of 49,471,352 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The company’s fifty day moving average is GBX 0.03 and its 200 day moving average is GBX 0.05. The company has a market capitalization of £815,500.00, a P/E ratio of -0.88 and a beta of 1.13. The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61.

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.