Versarien (LON:VRS) Trading Down 3.6% – Here’s Why

Shares of Versarien plc (LON:VRS) were down 3.6% during mid-day trading on Monday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 179,617,234 shares changed hands during trading, an increase of 143% from the average daily volume of 74,017,531 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Down 3.6%

The company has a market capitalization of £629,100.00, a price-to-earnings ratio of -0.68 and a beta of 1.13. The firm has a 50-day moving average price of GBX 0.03 and a two-hundred day moving average price of GBX 0.03. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67.

Versarien (LON:VRS) last released its quarterly earnings data on Thursday, March 27th. The company reported GBX (0.33) ($0.00) EPS for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. As a group, sell-side analysts anticipate that Versarien plc will post -332.0000161 earnings per share for the current fiscal year.

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.