Versarien (LON:VRS) Shares Down 17.9% – What’s Next?

Versarien plc (LON:VRS) shares dropped 17.9% during trading on Thursday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 561,325,063 shares changed hands during mid-day trading, an increase of 614% from the average daily volume of 78,602,813 shares. The stock had previously closed at GBX 0.06 ($0.00).

Versarien Trading Down 4.8%

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 business has a fifty day moving average of GBX 0.03 and a 200-day moving average of GBX 0.03. The stock has a market capitalization of £932,000.00, a price-to-earnings ratio of -1.00 and a beta of 1.13.

Versarien (LON:VRS) last posted its quarterly earnings data on Thursday, March 27th. The company reported GBX (0.33) ($0.00) earnings per share for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. On average, equities analysts anticipate that Versarien plc will post -332.0000161 earnings per share for the current fiscal year.

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.