Versarien PLC (LON:VRS) rose 8.5% during mid-day trading on Wednesday . The company traded as high as GBX 95.64 ($1.25) and last traded at GBX 94.38 ($1.23). Approximately 265,273 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 1,050,000 shares. The stock had previously closed at GBX 87 ($1.14).
The stock has a market capitalization of $145.94 million and a price-to-earnings ratio of -105.56. The company has a quick ratio of 2.61, a current ratio of 3.26 and a debt-to-equity ratio of 15.90.
About Versarien (LON:VRS)
Versarien plc, an engineering materials company, provides engineering solutions for various industry sectors in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Graphene and Plastic Products, and Hard Wear and Metallic Products. The Graphene and Plastic Products segment offers graphene products, such as Nanene, a few-layer graphene; and Hexotene, a few-layer hexagonal boron nitride nano-platelet powder, 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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