Versarien (LON:VRS) Stock Price Up 18.5% – Should You Buy?

Versarien plc (LON:VRS)’s share price shot up 18.5% on Monday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 52,787,656 shares traded hands during trading, a decline of 32% from the average session volume of 77,119,609 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Up 18.5 %

The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The firm has a market capitalization of £745,600.00, a P/E ratio of -0.80 and a beta of 1.13. The stock’s 50-day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.04.

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.