Versarien (LON:VRS) Shares Down 21.4% – Should You Sell?

by · The Markets Daily

Shares of Versarien plc (LON:VRSGet Free Report) fell 21.4% on Friday . The company traded as low as GBX 0.01 and last traded at GBX 0.01. 109,608,844 shares changed hands during trading, a decline of 5% from the average session volume of 114,985,633 shares. The stock had previously closed at GBX 0.01.

Versarien Price Performance

The business has a 50-day moving average of GBX 0.01 and a two-hundred day moving average of GBX 0.02. The company has a current ratio of 1.58, a quick ratio of 1.67 and a debt-to-equity ratio of 655.61. The firm has a market cap of £600,996.30, a P/E ratio of -0.03 and a beta of 1.13.

About Versarien

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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.

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