Virgin Wines UK (LON:VINO) Trading Down 1.9% – Should You Sell?

Virgin Wines UK PLC (LON:VINO) was down 1.9% during mid-day trading on Thursday . The stock traded as low as GBX 26 and last traded at GBX 26. Approximately 37,329 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 40,668 shares. The stock had previously closed at GBX 26.50.

Virgin Wines UK Stock Down 1.9%

The company has a debt-to-equity ratio of 9.65, a current ratio of 1.51 and a quick ratio of 1.02. The firm’s 50-day moving average price is GBX 27.68 and its 200 day moving average price is GBX 41.40. The firm has a market capitalization of £12.37 million, a price-to-earnings ratio of 86.67 and a beta of 1.05.

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.