Versarien (LON:VRS) Trading Up 11.1% – Time to Buy?

Versarien plc (LON:VRS)’s stock price rose 11.1% on Friday . The company traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 207,543,344 shares changed hands during trading, an increase of 71% from the average daily volume of 121,252,906 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Trading Up 11.1%

The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The stock’s 50-day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.03. The stock has a market cap of £600,996.30, a P/E ratio of -3.03 and a beta of 1.13.

Versarien (LON:VRS) last issued its earnings results on Monday, June 30th. The company reported GBX (0.03) earnings per share for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. Equities research analysts anticipate 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.