Versarien (LON:VRS) Stock Price Down 28.6% – Should You Sell?

Versarien plc (LON:VRS)’s stock price was down 28.6% during mid-day trading on Friday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. Approximately 266,404,250 shares changed hands during mid-day trading, an increase of 130% from the average daily volume of 115,725,234 shares. The stock had previously closed at GBX 0.01.

Versarien Price Performance

The stock has a fifty day moving average price of GBX 0.01 and a 200-day moving average price of GBX 0.02. The firm has a market capitalization of £600,996.30, a PE ratio of -0.03 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.

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.