Versarien (LON:VRS) Shares Down 40% – What’s Next?

Versarien plc (LON:VRSGet Free Report) shares dropped 40% on Wednesday . The stock traded as low as GBX 0 and last traded at GBX 0.01. Approximately 340,944,656 shares were traded during trading, an increase of 208% from the average daily volume of 110,786,875 shares. The stock had previously closed at GBX 0.01.

Versarien Trading Up 14.3%

The company has a debt-to-equity ratio of 655.61, a quick ratio of 1.67 and a current ratio of 1.58. The firm has a market capitalization of £480,797.04, a P/E ratio of -0.02 and a beta of 1.13. The firm has a 50 day moving average price of GBX 0.01 and a two-hundred day moving average price of GBX 0.02.

About Versarien

(Get Free Report)

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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