Various Eateries (LON:VARE) Hits New 12-Month Low – Here’s Why

Various Eateries PLC (LON:VAREGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 9.50 ($0.13) and last traded at GBX 10 ($0.13), with a volume of 66408 shares. The stock had previously closed at GBX 10 ($0.13).

Various Eateries Trading Down 0.1%

The stock has a market capitalization of £17.50 million, a price-to-earnings ratio of -999.50 and a beta of 0.12. The company has a debt-to-equity ratio of 116.95, a current ratio of 0.63 and a quick ratio of 0.67. The business’s 50-day simple moving average is GBX 11.12 and its two-hundred day simple moving average is GBX 12.54.

Insiders Place Their Bets

In other Various Eateries news, insider Hugh Osmond purchased 250,000 shares of Various Eateries stock in a transaction on Friday, September 19th. The shares were purchased at an average cost of GBX 10 per share, with a total value of £25,000. 68.22% of the stock is currently owned by company insiders.

Various Eateries Company Profile

(Get Free Report)

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.

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