Virgin Wines UK (LON:VINO) Stock Price Down 3.5% – Here’s Why

Virgin Wines UK PLC (LON:VINO) traded down 3.5% during mid-day trading on Thursday . The stock traded as low as GBX 26.20 and last traded at GBX 26.20. Approximately 8,655 shares were traded during trading, a decline of 79% from the average session volume of 41,927 shares. The stock had previously closed at GBX 27.15.

Virgin Wines UK Trading Down 3.5%

The company has a market cap of £12.47 million, a P/E ratio of 87.33 and a beta of 1.05. The business’s 50-day moving average price is GBX 30.78 and its 200 day moving average price is GBX 45.21. The company has a debt-to-equity ratio of 9.65, a quick ratio of 1.02 and a current ratio of 1.51.

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.