Versarien (LON:VRS) Stock Price Down 25% – Here’s Why

Versarien plc (LON:VRS) was down 25% during mid-day trading on Thursday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 523,216,063 shares were traded during mid-day trading, an increase of 627% from the average daily volume of 71,934,500 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

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 company has a market capitalization of £675,700.00, a P/E ratio of -0.73 and a beta of 1.13. The business’s fifty day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.03.

Versarien (LON:VRS) last announced its quarterly earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) earnings per share (EPS) for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. As a group, equities analysts anticipate that Versarien plc will post -332.0000161 earnings per share for the current fiscal 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.