Various Eateries (LON:VARE) Releases Earnings Results

Various Eateries (LON:VARE) posted its quarterly earnings results on Wednesday. The company reported GBX (1.30) (($0.02)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Various Eateries had a negative return on equity of 21.44% and a negative net margin of 13.11%.

Various Eateries Stock Up 1.2%

Shares of LON VARE opened at GBX 13.15 ($0.18) on Thursday. The firm has a market cap of £23.02 million, a PE ratio of -3.54 and a beta of 0.12. The company’s fifty day simple moving average is GBX 13.26 and its 200 day simple moving average is GBX 14.62. The company has a quick ratio of 0.67, a current ratio of 0.63 and a debt-to-equity ratio of 116.95. Various Eateries has a 12-month low of GBX 12 ($0.16) and a 12-month high of GBX 20.01 ($0.27).

Insider Transactions at Various Eateries

In other news, insider Hugh Osmond bought 1,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were bought at an average cost of GBX 11 ($0.15) per share, for a total transaction of £110,000 ($150,293.76). Insiders own 70.24% of the company’s stock.

About Various Eateries

Various Eateries plc is passionate about creating unique experiences for modern consumers.

The core brands of the Group are Coppa Club and Tavolino. Coppa Club is a multi-use all day concept that combines a restaurant, café, lounge, bar and workspace, whilst Tavolino aims to address a gap in the market for high quality Italian food at mid-market prices.