Versarien (LON:VRS) Stock Price Down 25% – Here’s What Happened

Versarien plc (LON:VRS) shares fell 25% during mid-day trading on Wednesday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 291,523,031 shares traded hands during trading, an increase of 320% from the average session volume of 69,396,750 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Down 25.0%

The firm has a market cap 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 firm has a fifty day moving average of GBX 0.03 and a 200-day moving average of GBX 0.03.

Versarien (LON:VRS) last released its earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) 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%. On average, equities research analysts anticipate that Versarien plc will post -332.0000161 earnings per share for the current year.

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.