Versarien (LON:VRS) Trading 17.5% Higher – Should You Buy?

Versarien plc (LON:VRS) rose 17.5% on Monday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 16,576,693 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 77,101,453 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price 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 cap of £1.10 million, a price-to-earnings ratio of -1.18 and a beta of 1.13. The company’s 50-day moving average is GBX 0.03 and its 200-day moving average is GBX 0.03.

Versarien (LON:VRS) last released its quarterly earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) EPS for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. Equities research 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.