Virgin Wines UK (LON:VINO) Shares Down 2% – Time to Sell?

Virgin Wines UK PLC (LON:VINO) fell 2% on Friday. The company traded as low as GBX 25 and last traded at GBX 25. 961 shares were traded during mid-day trading, a decline of 97% from the average session volume of 35,815 shares. The stock had previously closed at GBX 25.50.

Virgin Wines UK Price Performance

The stock has a market cap of £11.89 million, a price-to-earnings ratio of 83.33 and a beta of 1.05. The company has a quick ratio of 1.02, a current ratio of 1.51 and a debt-to-equity ratio of 9.65. The company’s 50-day moving average is GBX 26.02 and its 200-day moving average is GBX 34.30.

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.