Versarien (LON:VRS) Trading Down 10% – Should You Sell?

Shares of Versarien plc (LON:VRS) dropped 10% during trading on Wednesday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 45,600,637 shares were traded during trading, a decline of 59% from the average daily volume of 111,725,031 shares. The stock had previously closed at GBX 0.01 ($0.00).

Versarien Stock Down 7.1%

The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61. The company has a market capitalization of £302,900.00, a PE ratio of -0.33 and a beta of 1.13. The business’s 50 day simple moving average is GBX 0.02 and its 200 day simple moving average is GBX 0.03.

Versarien (LON:VRS) last posted its quarterly earnings data on Monday, June 30th. The company reported GBX (0.03) 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 forecast that Versarien plc will post -332.0000161 EPS for the current 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.