Versarien (LON:VRS) Shares Down 7.7% – Here’s Why

Versarien plc (LON:VRS) shares were down 7.7% on Tuesday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 254,258,625 shares changed hands during trading, an increase of 102% from the average daily volume of 125,868,945 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Down 15.4%

The stock has a market capitalization of £661,095.93, a PE ratio of -3.33 and a beta of 1.13. 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 business’s fifty day moving average price is GBX 0.02 and its two-hundred day moving average price is GBX 0.03.

Versarien (LON:VRS) last announced its quarterly earnings data on Monday, June 30th. The company reported GBX (0.03) earnings per share for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. On average, equities research analysts forecast that Versarien plc will post -332.0000161 EPS 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.