Various Eateries (LON:VARE) Shares Down 1.8% – Time to Sell?

Various Eateries PLC (LON:VARE) shares traded down 1.8% during mid-day trading on Tuesday . The stock traded as low as GBX 12.70 ($0.17) and last traded at GBX 13.01 ($0.17). 40 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 71,445 shares. The stock had previously closed at GBX 13.25 ($0.18).

Various Eateries Price Performance

The firm has a market capitalization of £22.76 million, a P/E ratio of -3.50 and a beta of 0.12. The business’s 50-day simple moving average is GBX 14.11 and its 200 day simple moving average is GBX 15.71. 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 issued its earnings results on Tuesday, February 4th. The company reported GBX (2) (($0.03)) EPS for the quarter. Various Eateries had a negative return on equity of 21.44% and a negative net margin of 13.11%. Sell-side analysts forecast that Various Eateries PLC will post -2.9999999 earnings per share for the current year.

Insider Transactions at Various Eateries

In other news, insider Hugh Osmond purchased 1,000,000 shares of the company’s stock in a transaction on Wednesday, April 2nd. The stock was acquired at an average price of GBX 11 ($0.15) per share, with a total value of £110,000 ($146,882.09). Company insiders own 70.24% of the company’s stock.

Various Eateries Company Profile

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.