Versarien (LON:VRS) Shares Up 3.4% – Still a Buy?

Versarien plc (LON:VRS)’s share price rose 3.4% during mid-day trading on Monday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 37,691,148 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 53,174,820 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Performance

The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The stock has a market cap of £768,900.00, a PE ratio of -0.83 and a beta of 1.13. The business’s 50-day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.06.

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.