Versarien (LON:VRS) Share Price Passes Below 200-Day Moving Average of $30.62

Versarien plc (LON:VRS)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 30.62 ($0.42) and traded as low as GBX 30.05 ($0.41). Versarien shares last traded at GBX 31.25 ($0.42), with a volume of 498,681 shares changing hands.

The business’s fifty day moving average is GBX 27.88 and its 200-day moving average is GBX 30.62. The stock has a market capitalization of £60.67 million and a PE ratio of -8.68. The company has a quick ratio of 1.99, a current ratio of 2.41 and a debt-to-equity ratio of 27.15.

About Versarien (LON:VRS)

Versarien plc, an engineering materials company, provides engineering solutions for various industry sectors in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Graphene and Plastic Products, and Hard Wear and Metallic Products. The Graphene and Plastic Products segment offers graphene products, such as 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.

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