Versarien (LON:VRS) Shares Up 18.5% – Here’s Why

Shares of Versarien plc (LON:VRS) rose 18.5% on Monday . The company traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 52,787,656 shares traded hands during trading, a decline of 32% from the average daily volume of 77,119,609 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Trading Up 18.5 %

The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The firm has a fifty day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.04. The firm has a market cap of £745,600.00, a P/E ratio of -0.80 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.