Versarien (LON:VRS) Trading 7.7% Higher – Here’s Why

Shares of Versarien plc (LON:VRS) were up 7.7% during mid-day trading on Thursday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 170,582,781 shares traded hands during trading, an increase of 46% from the average daily volume of 116,756,594 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Price Performance

The company’s 50-day moving average price is GBX 0.01 and its 200-day moving average price is GBX 0.02. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The company has a market cap of £901,494.45, a P/E ratio of -0.05 and a beta of 1.13.

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.