Versarien (LON:VRS) Trading Down 2.7% – Should You Sell?

Versarien plc (LON:VRS) dropped 2.7% on Thursday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 294,531,594 shares changed hands during mid-day trading, an increase of 275% from the average daily volume of 78,574,930 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price 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 fifty day moving average price of GBX 0.04 and a two-hundred day moving average price of GBX 0.03. The company has a market cap of £838,800.00, a P/E ratio of -0.90 and a beta of 1.13.

Versarien (LON:VRS) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) earnings per share for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. On average, sell-side 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.