Versarien (LON:VRS) Shares Down 25% – Here’s What Happened

Versarien plc (LON:VRS)’s share price traded down 25% during mid-day trading on Wednesday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 291,523,031 shares traded hands during mid-day trading, an increase of 320% from the average session volume of 69,396,750 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Performance

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 has a market capitalization of £652,400.00, a PE ratio of -0.70 and a beta of 1.13. The stock’s fifty day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.03.

Versarien (LON:VRS) last issued its quarterly earnings data on Thursday, March 27th. The company reported GBX (0.33) ($0.00) earnings per share for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. On average, research analysts predict that Versarien plc will post -332.0000161 earnings per share for the current fiscal year.

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.