Various Eateries (LON:VARE) Hits New 12-Month Low – What’s Next?

Shares of Various Eateries PLC (LON:VARE) hit a new 52-week low on Tuesday . The company traded as low as GBX 12 ($0.16) and last traded at GBX 13 ($0.17), with a volume of 8762 shares changing hands. The stock had previously closed at GBX 13.25 ($0.18).

Various Eateries Price Performance

The stock has a market cap of £22.76 million, a P/E ratio of -3.50 and a beta of 0.12. The company’s 50 day moving average price is GBX 14.84 and its 200-day moving average price is GBX 16.20. The company has a quick ratio of 0.67, a current ratio of 0.63 and a debt-to-equity ratio of 116.95.

Various Eateries (LON:VARE) last released its quarterly earnings data on Tuesday, February 4th. The company reported GBX (2) (($0.03)) earnings per share for the quarter. Various Eateries had a negative net margin of 13.11% and a negative return on equity of 21.44%. As a group, sell-side analysts expect that Various Eateries PLC will post -2.9999999 earnings per share for the current year.

Insider Transactions at Various Eateries

In related news, insider Hugh Osmond purchased 1,000,000 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average cost of GBX 11 ($0.15) per share, with a total value of £110,000 ($145,598.94). Insiders own 70.24% of the company’s stock.

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.