Versarien (LON:VRS) Trading Down 14.3% – Here’s What Happened

Versarien plc (LON:VRS)’s share price fell 14.3% on Wednesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 61,925,754 shares were traded during mid-day trading, an increase of 23% from the average session volume of 50,184,879 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price Performance

The stock has a market capitalization of £838,800.00, a price-to-earnings ratio of -0.76 and a beta of 1.13. 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 business’s fifty day moving average price is GBX 0.04 and its 200-day moving average price is GBX 0.06.

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.