Versarien (LON:VRS) Trading 37.1% Higher – Should You Buy?

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

Versarien Stock Up 17.6 %

The firm has a 50 day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.05. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The stock has a market capitalization of £932,000.00, a price-to-earnings ratio of -1.00 and a beta of 1.13.

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.