Virgin Wines UK (LON:VINO) Trading Down 2.4% – What’s Next?

Virgin Wines UK PLC (LON:VINO)’s share price dropped 2.4% during trading on Tuesday . The stock traded as low as GBX 32.10 ($0.39) and last traded at GBX 32.10 ($0.39). Approximately 108 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 43,602 shares. The stock had previously closed at GBX 32.90 ($0.40).

Virgin Wines UK Price Performance

The company has a debt-to-equity ratio of 13.16, a current ratio of 1.65 and a quick ratio of 1.02. The stock has a market cap of £17.87 million, a PE ratio of -4,250.00 and a beta of 1.18. The firm has a 50-day moving average of GBX 33.82 and a 200-day moving average of GBX 38.67.

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.