Versarien (LON:VRS) Trading Up 13.8% – Here’s What Happened

Versarien plc (LON:VRS)’s share price shot up 13.8% during trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00). 16,303,617 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 53,089,273 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The company’s 50-day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.06. The company has a market cap of £768,900.00, a P/E ratio of -0.83 and a beta of 1.13. The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61.

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.