Virgin Wines UK (LON:VINO) Sets New 52-Week Low – Here’s Why

Shares of Virgin Wines UK PLC (LON:VINO) reached a new 52-week low on Thursday. The company traded as low as GBX 24 and last traded at GBX 25, with a volume of 54,856 shares. The stock had previously closed at GBX 26.

Virgin Wines UK Trading Down 3.8%

The firm has a fifty day simple moving average of GBX 25.38 and a 200-day simple moving average of GBX 37.37. The firm has a market cap of £11.89 million, a P/E ratio of -11.90 and a beta of 1.05. The company has a debt-to-equity ratio of 6.88, a current ratio of 1.38 and a quick ratio of 1.02.

Virgin Wines UK (LON:VINO) last issued its earnings results on Wednesday, October 21st. The company reported GBX (2.10) earnings per share for the quarter. Virgin Wines UK had a negative return on equity of 5.03% and a negative net margin of 1.69%. On average, equities research analysts expect that Virgin Wines UK PLC will post 3.64 earnings per share for the current year.

Virgin Wines UK Company Profile

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.