Versarien (LON:VRS) Stock Price Down 7.7% – Here’s What Happened

Versarien plc (LON:VRS) dropped 7.7% on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 116,959,844 shares traded hands during trading, an increase of 50% from the average daily volume of 78,051,617 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Down 7.7%

The business has a 50-day moving average of GBX 0.03 and a 200-day moving average of GBX 0.03. The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58. The stock has a market capitalization of £838,800.00, a price-to-earnings ratio of -0.90 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 return on equity of 216.70% and a negative net margin of 225.06%. On average, sell-side analysts expect that Versarien plc will post -332.0000161 EPS for the current year.

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.