Versarien (LON:VRS) Shares Down 40.6% – What’s Next?

Shares of Versarien plc (LON:VRS) dropped 40.6% on Monday . The stock traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 409,536,750 shares traded hands during trading, an increase of 416% from the average daily volume of 79,414,086 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

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 firm has a market cap of £419,400.00, a price-to-earnings ratio of -0.45 and a beta of 1.13. The business’s 50-day simple moving average is GBX 0.04 and its two-hundred day simple moving average is GBX 0.03.

Versarien (LON:VRS) last announced its quarterly earnings results on Monday, June 30th. The company reported GBX (0.03) ($0.00) earnings per share (EPS) for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. As a group, sell-side analysts expect that Versarien plc will post -332.0000161 earnings per share 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.