Various Eateries (LON:VARE) Trading Down 3% – Time to Sell?

Various Eateries PLC (LON:VARE) was down 3% on Wednesday . The company traded as low as GBX 16 ($0.20) and last traded at GBX 16 ($0.20). Approximately 17,000 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 13,596 shares. The stock had previously closed at GBX 16.50 ($0.20).

Various Eateries Stock Performance

The stock has a fifty day simple moving average of GBX 17.18 and a 200-day simple moving average of GBX 17.63. The stock has a market cap of £28.01 million, a P/E ratio of -320.00 and a beta of 0.12. The company has a debt-to-equity ratio of 119.25, a quick ratio of 0.67 and a current ratio of 0.70.

About Various Eateries

Various Eateries plc is passionate about creating unique experiences for modern consumers.

The core brands of the Group are Coppa Club and Tavolino. Coppa Club is a multi-use all day concept that combines a restaurant, café, lounge, bar and workspace, whilst Tavolino aims to address a gap in the market for high quality Italian food at mid-market prices.