Versarien (LON:VRS) Trading Up 54.3% – Here’s Why

Versarien plc (LON:VRS) was up 54.3% on Tuesday . The company traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 471,437,156 shares changed hands during mid-day trading, an increase of 556% from the average daily volume of 71,832,625 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Price Performance

The firm has a market capitalization of £1.26 million, a price-to-earnings ratio of -1.35 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. The stock’s 50 day moving average price is GBX 0.03 and its two-hundred day moving average price is 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.