Versarien (LON:VRS) Stock Price Up 14.3% – Time to Buy?

Shares of Versarien plc (LON:VRS) shot up 14.3% on Friday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). 291,638,000 shares changed hands during trading, an increase of 162% from the average session volume of 111,267,344 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Trading Up 14.3 %

The company’s fifty day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.05. 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 market cap of £932,000.00, a price-to-earnings ratio of -1.00 and a beta of 1.13.

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.