Versarien (LON:VRS) Shares Down 30% – Should You Sell?

Versarien plc (LON:VRS) was down 30% on Wednesday . The stock traded as low as GBX 0 and last traded at GBX 0.01. Approximately 515,323,094 shares traded hands during trading, an increase of 362% from the average daily volume of 111,528,234 shares. The stock had previously closed at GBX 0.01.

Versarien Price Performance

The stock has a market capitalization of £420,697.41, a price-to-earnings ratio of -0.02 and a beta of 1.13. The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61. The stock has a fifty day moving average of GBX 0.01 and a 200-day moving average of GBX 0.02.

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.