Versarien (LON:VRS) Stock Price Up 3.4% – Here’s Why

Versarien plc (LON:VRS)’s stock price rose 3.4% during mid-day trading on Monday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 37,691,148 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 53,174,820 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The stock has a market capitalization of £699,000.00, a P/E ratio of -0.75 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 has a 50 day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.06.

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.