Versarien (LON:VRS) Trading 18.5% Higher – Here’s What Happened

Versarien plc (LON:VRS)’s share price shot up 18.5% during trading on Monday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 49,128,863 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 77,027,156 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The stock has a market capitalization of £745,600.00, a PE ratio of -0.80 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 stock’s fifty day moving average is GBX 0.03 and its 200-day moving average is GBX 0.04.

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.