Versarien (LON:VRS) Stock Price Down 7.9% – Here’s Why

Versarien plc (LON:VRS) shares traded down 7.9% during trading on Thursday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.04 ($0.00). 5,190,705 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 104,411,820 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Trading Down 2.8 %

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 stock has a market cap of £815,500.00, a price-to-earnings ratio of -0.88 and a beta of 1.13. The business has a 50 day simple moving average of GBX 0.04 and a two-hundred day simple moving average of 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.