Versarien (LON:VRS) Shares Up 9.4% – Here’s What Happened

Versarien plc (LON:VRS) shares rose 9.4% during mid-day trading on Tuesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,566,036 shares changed hands during trading, a decline of 98% from the average daily volume of 90,331,117 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The business’s 50 day moving average price is GBX 0.04 and its 200-day moving average price 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 company has a market cap of £815,500.00, a PE ratio of -0.88 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.