Versarien (LON:VRS) Stock Price Up 17.1% – Should You Buy?

Versarien plc (LON:VRS) shares rose 17.1% during trading on Friday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 231,085,469 shares changed hands during trading, an increase of 113% from the average daily volume of 108,514,961 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The stock has a 50-day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.05. The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61. The firm has a market capitalization of £908,700.00, a price-to-earnings ratio of -0.98 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.