Versarien PLC Announces Change in Voting Rights

Versarien ( (GB:VRS) ) has issued an announcement.

Versarien PLC has announced a change in its voting rights structure following an acquisition or disposal by Peel Hunt LLP. The notification indicates that Peel Hunt LLP’s voting rights in Versarien have decreased from 11.37% to 10.88%, which may impact the company’s shareholder dynamics and influence within the market.

Spark’s Take on GB:VRS Stock

According to Spark, TipRanks’ AI Analyst, GB:VRS is a Neutral.

Versarien’s stock reflects substantial financial challenges, with declining revenues and high leverage outweighing recent positive corporate events and some technical bullish momentum. The valuation remains unattractive due to ongoing losses. While there are signs of strategic progress, significant risks persist.

To see Spark’s full report on GB:VRS stock, click here.

More about Versarien

Versarien PLC is a UK-based company operating in the advanced materials sector, specializing in the development and supply of innovative engineering solutions, particularly in the field of graphene and related materials.

Average Trading Volume: 63,888,168

Technical Sentiment Signal: Sell

Current Market Cap: £1.86M

For a thorough assessment of VRS stock, go to TipRanks’ Stock Analysis page.