Versarien (LON:VRS) Trading 45.5% Higher – Still a Buy?

Versarien plc (LON:VRS) shares traded up 45.5% during mid-day trading on Tuesday . The company traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). 931,295,875 shares traded hands during mid-day trading, an increase of 639% from the average session volume of 125,974,352 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Up 7.1%

The stock’s 50-day moving average is GBX 0.01 and its 200-day moving average is GBX 0.02. The stock has a market cap of £901,494.45, a P/E ratio of -4.55 and a beta of 1.13. The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61.

Versarien (LON:VRS) last announced its earnings results on Monday, June 30th. The company reported GBX (0.03) earnings per share (EPS) for the quarter. Versarien had a negative net margin of 225.06% and a negative return on equity of 216.70%. As a group, 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.