Versarien (LON:VRS) Stock Price Down 30% – Should You Sell?

by · The Cerbat Gem

Shares of Versarien plc (LON:VRS – Get Free Report) dropped 30% during trading on Wednesday . The stock traded as low as GBX 0 and last traded at GBX 0.01. Approximately 515,323,094 shares changed hands during mid-day trading, an increase of 362% from the average daily volume of 111,545,039 shares. The stock had previously closed at GBX 0.01.

Versarien Price Performance

The company has a market capitalization of £600,996.30, a P/E ratio of -0.03 and a beta of 1.13. The business’s 50-day moving average is GBX 0.01 and its two-hundred day moving average is GBX 0.02. The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61.

About Versarien

(Get Free Report)

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.

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