Versarien (LON:VRS) Shares Down 2.9% – Here’s What Happened

Versarien plc (LON:VRS) was down 2.9% during trading on Wednesday . The company traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 239,887,031 shares traded hands during mid-day trading, an increase of 138% from the average daily volume of 100,895,094 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The stock has a market capitalization of £978,600.00, a price-to-earnings ratio of -1.05 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. The company’s 50 day moving average is GBX 0.03 and its 200 day moving average is GBX 0.05.

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.