Versarien (LON:VRS) Shares Up 36.4% – What’s Next?

Versarien plc (LON:VRS)’s share price shot up 36.4% on Monday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 600,743,063 shares changed hands during trading, an increase of 384% from the average session volume of 124,216,094 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Up 45.5%

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 50-day simple moving average of GBX 0.01 and a two-hundred day simple moving average of GBX 0.02. The company has a market cap of £961,594.08, a PE ratio of -4.85 and a beta of 1.13.

Versarien (LON:VRS) last released its quarterly earnings results on Monday, June 30th. The company reported GBX (0.03) earnings per share for the quarter. Versarien had a negative return on equity of 216.70% and a negative net margin of 225.06%. Research analysts anticipate that Versarien plc will post -332.0000161 earnings per share for the current fiscal year.

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.