Versarien (LON:VRS) Shares Down 8.3% – Should You Sell?

Versarien plc (LON:VRS) shares were down 8.3% during trading on Tuesday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 53,679,574 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 113,813,695 shares. The stock had previously closed at GBX 0.01.

Versarien Price Performance

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 firm has a market cap of £661,095.93, a PE ratio of -0.03 and a beta of 1.13. The firm has a 50-day simple moving average of GBX 0.01 and a 200 day simple moving average of GBX 0.02.

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.