Versarien (LON:VRS) Trading Down 10% – Time to Sell?

Versarien plc (LON:VRS)’s stock price dropped 10% during mid-day trading on Wednesday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 6,034,074 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 63,920,629 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Stock Up 10.0 %

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 £768,900.00, a PE ratio of -0.83 and a beta of 1.13. The company has a fifty day moving average price of GBX 0.03 and a 200-day moving average price of GBX 0.04.

Versarien (LON:VRS) last released its quarterly earnings results on Thursday, March 27th. The company reported GBX (0.33) ($0.00) 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, analysts expect that Versarien plc will post -332.0000161 earnings per share for the current year.

Versarien Company Profile

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.