Virgin Wines UK (LON:VINO) Stock Price Breaks Above Fifty Day Moving Average – Here’s What Happened

Shares of Virgin Wines UK PLC (LON:VINO) crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 25.38 and traded as high as GBX 26. Virgin Wines UK shares last traded at GBX 26, with a volume of 90 shares changing hands.

Virgin Wines UK Stock Down 3.8%

The stock’s 50-day moving average price is GBX 25.36 and its two-hundred day moving average price is GBX 37.19. The stock has a market capitalization of £11.89 million, a PE ratio of -11.90 and a beta of 1.05. The company has a debt-to-equity ratio of 6.88, a quick ratio of 1.02 and a current ratio of 1.38.

Virgin Wines UK (LON:VINO) last issued its quarterly earnings results on Wednesday, October 21st. The company reported GBX (2.10) earnings per share (EPS) for the quarter. Virgin Wines UK had a negative net margin of 1.69% and a negative return on equity of 5.03%. As a group, analysts expect that Virgin Wines UK PLC will post 3.64 EPS for the current fiscal 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.