Versarien (LON:VRS) Stock Price Up 37.1% – Here’s Why

Versarien plc (LON:VRS) was up 37.1% during trading on Tuesday . The stock traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 687,321,938 shares traded hands during mid-day trading, an increase of 726% from the average daily volume of 83,194,984 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Trading Up 37.1 %

The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58. The company has a market capitalization of £1.12 million, a P/E ratio of -1.20 and a beta of 1.13. The company has a 50-day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.05.

About Versarien

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.