Various Eateries (LON:VARE) Sets New 12-Month High – Still a Buy?

Various Eateries PLC (LON:VARE) shares hit a new 52-week high on Monday . The stock traded as high as GBX 16 and last traded at GBX 16, with a volume of 50355 shares changing hands. The stock had previously closed at GBX 15.

Various Eateries Trading Up 4.9%

The firm has a 50 day simple moving average of GBX 12.24 and a 200 day simple moving average of GBX 11.69. The firm has a market capitalization of £28.01 million, a PE ratio of -10.00 and a beta of 0.12. The company has a current ratio of 0.61, a quick ratio of 0.67 and a debt-to-equity ratio of 210.14.

Various Eateries (LON:VARE) last posted its earnings results on Monday, February 2nd. The company reported GBX (1.60) earnings per share (EPS) for the quarter. Various Eateries had a negative net margin of 5.22% and a negative return on equity of 9.95%. Equities analysts expect that Various Eateries PLC will post -2.9999999 earnings per share for the current fiscal year.

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.