Versarien (LON:VRS) Stock Price Up 25% – Here’s What Happened

Versarien plc (LON:VRS) shares rose 25% during mid-day trading on Monday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 68,120,219 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 88,580,414 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The firm has a market capitalization of £815,500.00, a P/E ratio of -0.88 and a beta of 1.13. The business’s 50-day simple moving average is GBX 0.03 and its 200 day simple moving average is GBX 0.04. 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 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.