Versarien (LON:VRS) Stock Price Down 8.3% – What’s Next?

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

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 stock has a market capitalization of £721,195.56, a price-to-earnings ratio of -0.04 and a beta of 1.13. The stock’s 50-day simple moving average is GBX 0.01 and its 200 day simple moving average is 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.