Virgin Wines UK (LON:VINO) Trading Down 12.5% – Here’s Why

Virgin Wines UK PLC (LON:VINOGet Free Report) traded down 12.5% on Friday . The company traded as low as GBX 28 and last traded at GBX 29.32. 356,996 shares traded hands during trading, an increase of 741% from the average session volume of 42,463 shares. The stock had previously closed at GBX 33.50.

Virgin Wines UK Price Performance

The business’s 50 day moving average is GBX 41.59 and its two-hundred day moving average is GBX 51.80. The firm has a market cap of £13.95 million, a P/E ratio of 97.73 and a beta of 1.05. The company has a quick ratio of 1.02, a current ratio of 1.51 and a debt-to-equity ratio of 9.65.

Virgin Wines UK (LON:VINOGet Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX (0.40) EPS for the quarter. Virgin Wines UK had a return on equity of 0.68% and a net margin of 0.25%. As a group, analysts anticipate that Virgin Wines UK PLC will post 3.6429872 earnings per share for the current year.

Virgin Wines UK Company Profile

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Virgin Wines is one of the UK’s largest direct-to-consumer online wine retailers. It is an award-winning business which has a reputation for supplying and curating high quality products, excellent levels of customer service and innovative ways of retailing.

The Company, which is headquartered in Norwich, UK, was established in 2000 by the Virgin Group and was subsequently acquired by Direct Wines in 2005 before being bought out by the Virgin Wines management team, led by CEO Jay Wright and CFO Graeme Weir, in 2013.

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