Virgin Wines UK (LON:VINO) Shares Up 3.5% – Time to Buy?

Virgin Wines UK PLC (LON:VINO)’s share price rose 3.5% on Thursday . The company traded as high as GBX 52.75 and last traded at GBX 51.26. Approximately 165,833 shares were traded during trading, an increase of 69% from the average daily volume of 98,205 shares. The stock had previously closed at GBX 49.50.

Virgin Wines UK Stock Performance

The stock has a market capitalization of £26.57 million, a P/E ratio of 22.29 and a beta of 1.18. The company has a current ratio of 1.80, a quick ratio of 1.02 and a debt-to-equity ratio of 11.72. The company has a 50-day moving average price of GBX 49.23 and a two-hundred day moving average price of GBX 57.30.

Virgin Wines UK (LON:VINO) last announced its earnings results on Wednesday, October 22nd. The company reported GBX 2.40 EPS for the quarter. Virgin Wines UK had a return on equity of 5.99% and a net margin of 2.34%. On average, equities analysts forecast that Virgin Wines UK PLC will post 3.6429872 earnings per share for the current year.

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.