Versarien (LON:VRS) Shares Down 14.3% – Here’s What Happened

Versarien plc (LON:VRS)’s stock price was down 14.3% during trading on Wednesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 61,925,754 shares were traded during trading, an increase of 23% from the average daily volume of 50,184,879 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Trading Down 14.3 %

The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61. The stock’s fifty day moving average price is GBX 0.04 and its 200 day moving average price is GBX 0.06. The stock has a market cap of £838,800.00, a PE ratio of -1.04 and a beta of 1.13.

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.