Does Versarien PLC Have Any Gas After Today’s Huge Increase?

 Does Versarien PLC Have Any Gas After Today's Huge Increase?

The stock of Versarien PLC (LON:VRS) is a huge mover today! The stock increased 0.91% or GBX 0.11 on November 28, hitting GBX 12.74. About 151,453 shares traded hands. Versarien PLC (LON:VRS) has declined 6.48% since April 27, 2016 and is downtrending. It has underperformed by 12.50% the S&P500.
The move comes after 7 months positive chart setup for the GBX 15.27 million company. It was reported on Nov, 28 by We have GBX 13.25 PT which if reached, will make LON:VRS worth GBX 610,800 more.

Versarien PLC (LON:VRS) Ratings Coverage

Out of 2 analysts covering Versarien (LON:VRS), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 30 is the highest target while GBX 25 is the lowest. The GBX 27.50 average target is 115.86% above today’s (GBX 12.74) stock price. Versarien has been the topic of 2 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, December 10 by WH Ireland. The firm has “Buy” rating given on Tuesday, July 21 by Panmure Gordon.

Versarien plc is engaged in offering engineering solutions. The company has a market cap of 15.27 million GBP. The Firm operates through three divisions: Hard Wear Products, Graphene Products and Thermal Products. It currently has negative earnings. The Thermal Products segment develops, makes and supplies heat sinks and other products made from porous copper and aluminum.

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