Virgin Wines UK (LON:VINO) Trading Down 2% – Time to Sell?

Virgin Wines UK PLC (LON:VINO) shares traded down 2% during mid-day trading on Friday . The company traded as low as GBX 25 and last traded at GBX 25. 25,000 shares were traded during trading, a decline of 35% from the average daily volume of 38,744 shares. The stock had previously closed at GBX 25.50.

Virgin Wines UK Stock Performance

The company has a debt-to-equity ratio of 9.65, a quick ratio of 1.02 and a current ratio of 1.51. The stock has a market cap of £11.89 million, a P/E ratio of 83.33 and a beta of 1.05. The company’s 50 day moving average price is GBX 26.77 and its 200-day moving average price is GBX 37.75.

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.