Versarien (LON:VRS) Stock Price Down 18.8% – Here’s What Happened

Versarien plc (LON:VRS) fell 18.8% during mid-day trading on Wednesday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 76,363,297 shares changed hands during trading, a decline of 13% from the average session volume of 87,670,852 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Down 6.3 %

The company has a market cap of £699,000.00, a P/E ratio of -0.75 and a beta of 1.13. The business has a fifty day simple moving average of GBX 0.04 and a 200 day simple moving average of GBX 0.05. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58.

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.