Versarien (LON:VRS) Trading 37.1% Higher – Still a Buy?

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

Versarien Stock Performance

The company has a 50-day moving average price of GBX 0.03 and a two-hundred day moving average price of 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 stock has a market capitalization of £932,000.00, a P/E ratio of -1.00 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.