Virgin Wines UK (LON:VINO) Stock Price Down 1.7% – What’s Next?

Virgin Wines UK PLC (LON:VINO)’s share price dropped 1.7% during mid-day trading on Monday . The company traded as low as GBX 55.10 and last traded at GBX 57. Approximately 72,563 shares changed hands during mid-day trading, an increase of 113% from the average daily volume of 34,053 shares. The stock had previously closed at GBX 58.

Virgin Wines UK Price Performance

The stock has a market cap of £27.97 million, a P/E ratio of 24.78 and a beta of 1.16. The company has a debt-to-equity ratio of 9.69, a current ratio of 1.69 and a quick ratio of 1.02. The business’s fifty day moving average price is GBX 60.68 and its 200 day moving average price is GBX 55.32.

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.