Versarien (LON:VRS) Stock Price Up 37.1% – Here’s What Happened

Versarien plc (LON:VRS) shares shot up 37.1% during mid-day trading on Tuesday . The company traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.05 ($0.00). 595,812,688 shares changed hands during trading, an increase of 660% from the average session volume of 78,378,703 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The stock has a market cap of £1.10 million, a price-to-earnings ratio of -1.18 and a beta of 1.13. The stock’s 50-day moving average is GBX 0.03 and its 200-day moving average is GBX 0.05. The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61.

About Versarien

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.