Versarien (LON:VRS) Trading Up 5.7% – Should You Buy?

Versarien plc (LON:VRS) was up 5.7% during mid-day trading on Tuesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 28,243,932 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 49,471,352 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Up 20.0 %

The business’s 50-day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.05. 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 firm has a market capitalization of £978,600.00, a PE ratio of -1.05 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.