Versarien (LON:VRS) Stock Price Up 18.5% – Here’s What Happened

Versarien plc (LON:VRS) shot up 18.5% during mid-day trading on Monday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 52,787,656 shares traded hands during trading, a decline of 32% from the average session volume of 77,119,609 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The company has a market cap of £745,600.00, a PE ratio of -0.80 and a beta of 1.13. The firm’s 50-day moving average is GBX 0.03 and its 200-day moving average is GBX 0.04. The company has a quick ratio of 1.67, a current ratio of 1.58 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.