Versarien (LON:VRS) Shares Up 3.4% – Here’s What Happened

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

Versarien Stock Performance

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 company has a market capitalization of £699,000.00, a price-to-earnings ratio of -0.75 and a beta of 1.13. The stock has a 50-day moving average price of GBX 0.03 and a 200-day moving average price of GBX 0.06.

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.