Versarien (LON:VRS) Stock Price Up 37.1% – Here’s What Happened

Versarien plc (LON:VRS) rose 37.1% during mid-day trading on Tuesday . The company traded as high as GBX 0.06 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 687,321,938 shares were traded during mid-day trading, an increase of 726% from the average daily volume of 83,194,984 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

The business’s fifty day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.05. 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 £792,200.00, a P/E ratio of -0.85 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.