Virgin Wines UK (LON:VINO) Shares Down 1.8% – Should You Sell?
by Sarita Garza · The Markets DailyVirgin Wines UK PLC (LON:VINO – Get Free Report)’s stock price fell 1.8% during mid-day trading on Wednesday . The company traded as low as GBX 28 and last traded at GBX 28. 2,758 shares were traded during trading, a decline of 94% from the average daily volume of 45,871 shares. The stock had previously closed at GBX 28.50.
Virgin Wines UK Stock Performance
The firm’s fifty day moving average is GBX 34.38 and its 200-day moving average is GBX 48.57. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 9.65. The stock has a market capitalization of £13.32 million, a PE ratio of 93.33 and a beta of 1.05.
About Virgin Wines UK
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.