Versarien (LON:VRS) Stock Price Up 14.3% – What’s Next?

Versarien plc (LON:VRS) shares shot up 14.3% during mid-day trading on Friday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.04 ($0.00). 294,637,969 shares were traded during mid-day trading, an increase of 164% from the average session volume of 111,403,711 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Trading Up 14.3 %

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 company’s 50-day moving average is GBX 0.03 and its 200-day moving average is GBX 0.05. The stock has a market capitalization of £932,000.00, a price-to-earnings ratio of -1.00 and a beta of 1.13.

Versarien Company Profile

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.