Versarien (LON:VRS) Shares Down 3.6% – Here’s Why

Versarien plc (LON:VRS)’s stock price was down 3.6% during trading on Monday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 179,617,234 shares traded hands during mid-day trading, an increase of 143% from the average daily volume of 74,017,531 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The stock’s fifty day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.03. The firm has a market capitalization of £629,100.00, a price-to-earnings ratio of -0.68 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 (LON:VRS) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX (0.33) ($0.00) earnings per share for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. Equities research analysts expect that Versarien plc will post -332.0000161 EPS 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.