Versarien (LON:VRS) Trading Up 2.9% – Time to Buy?

Shares of Versarien plc (LON:VRS) were up 2.9% during mid-day trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 26,408,982 shares were traded during trading, a decline of 47% from the average daily volume of 49,369,410 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The firm has a market capitalization of £745,600.00, a P/E ratio of -0.80 and a beta of 1.13. The business’s 50 day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.05.

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.