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

Versarien plc (LON:VRS)’s stock price fell 25% during trading on Thursday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 523,216,063 shares traded hands during trading, an increase of 627% from the average session volume of 71,934,500 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price Performance

The firm’s 50-day simple moving average is GBX 0.03 and its 200 day simple moving average is GBX 0.03. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58. The stock has a market capitalization of £675,700.00, a P/E ratio of -0.73 and a beta of 1.13.

Versarien (LON:VRS) last released 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 return on equity of 216.70% and a negative net margin of 225.06%. As a group, 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.