Versarien (LON:VRS) Trading Up 21.4% – Still a Buy?

Versarien plc (LON:VRS)’s share price shot up 21.4% during mid-day trading on Monday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 39,626,773 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 87,986,805 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Up 21.4 %

The business’s fifty day moving average is GBX 0.04 and its 200-day moving average is GBX 0.04. The stock has a market capitalization of £792,200.00, a PE ratio of -0.85 and a beta of 1.13. The company has a quick ratio of 1.67, a current ratio of 1.58 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.