Versarien (LON:VRS) Trading 18.5% Higher – Still a Buy?

Versarien plc (LON:VRS)’s share price traded up 18.5% during mid-day trading on Monday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 43,867,523 shares were traded during mid-day trading, a decline of 43% from the average session volume of 76,965,813 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Up 18.5 %

The business’s 50 day moving average is GBX 0.03 and its 200-day moving average is GBX 0.04. The stock has a market cap of £745,600.00, a price-to-earnings ratio of -0.80 and a beta of 1.13. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58.

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.