Versarien (LON:VRS) Trading Down 2.9% – Here’s Why

Versarien plc (LON:VRS) dropped 2.9% during trading on Wednesday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 265,939,531 shares were traded during trading, an increase of 160% from the average daily volume of 102,197,719 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The stock has a market capitalization of £978,600.00, a price-to-earnings ratio of -1.05 and a beta of 1.13. The company has a 50 day simple moving average of GBX 0.03 and a 200-day simple moving average 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.

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.