Versarien (LON:VRS) Stock Price Down 7.7% – Here’s Why

Versarien plc (LON:VRS)’s share price was down 7.7% during trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 116,959,844 shares were traded during trading, an increase of 50% from the average daily volume of 78,051,617 shares. The stock had previously closed at GBX 0.04 ($0.00).

Versarien Stock Down 7.7%

The firm has a market cap of £838,800.00, a price-to-earnings ratio of -0.90 and a beta of 1.13. The business has a fifty day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.03. The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67.

Versarien (LON:VRS) last posted its quarterly earnings data on Thursday, March 27th. The company reported GBX (0.33) ($0.00) 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, equities analysts forecast that Versarien plc will post -332.0000161 EPS for the current fiscal year.

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.