Versarien (LON:VRS) Trading Up 45.5% – Time to Buy?

Versarien plc (LON:VRS)’s share price shot up 45.5% during trading on Monday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 931,295,875 shares traded hands during mid-day trading, an increase of 639% from the average session volume of 125,974,352 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Trading Up 45.5%

The firm has a market cap of £961,594.08, a price-to-earnings ratio of -4.85 and a beta of 1.13. The company has a 50-day moving average price of GBX 0.01 and a 200 day moving average price of GBX 0.02. The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61.

Versarien (LON:VRS) last issued its earnings results on Monday, June 30th. The company reported GBX (0.03) EPS for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. As a group, research 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.