Versarien (LON:VRS) Trading Down 15.4% – What’s Next?

Versarien plc (LON:VRS)’s share price dropped 15.4% during trading on Thursday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 31,124,695 shares changed hands during trading, a decline of 74% from the average daily volume of 121,034,281 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Trading Up 7.7%

The stock has a market capitalization of £841,394.82, a PE ratio of -4.24 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. The firm has a 50-day moving average price of GBX 0.01 and a 200-day moving average price of GBX 0.02.

Versarien (LON:VRS) last issued its quarterly 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%. As a group, equities analysts forecast that Versarien plc will post -332.0000161 EPS for the current fiscal year.

About Versarien

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.