Versarien (LON:VRS) Stock Crosses Below 200-Day Moving Average of $35.72

Versarien plc (LON:VRS) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 35.72 ($0.47) and traded as low as GBX 29 ($0.38). Versarien shares last traded at GBX 29.60 ($0.39), with a volume of 912,825 shares trading hands.

The company has a 50 day simple moving average of GBX 32.01 and a 200-day simple moving average of GBX 35.72. The stock has a market cap of £59.01 million and a price-to-earnings ratio of -6.58. The company has a quick ratio of 1.73, a current ratio of 2.19 and a debt-to-equity ratio of 26.02.

About Versarien (LON:VRS)

Versarien plc, an engineering materials company, provides engineering solutions for various industry sectors in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Graphene and Plastic Products, and Hard Wear and Metallic Products. The Graphene and Plastic Products segment offers graphene products, such as 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.

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