Virgin Wines UK (LON:VINO) Trading Down 12.5% – Should You Sell?

Virgin Wines UK PLC (LON:VINO) fell 12.5% during mid-day trading on Friday . The company traded as low as GBX 28 and last traded at GBX 29.32. 356,996 shares traded hands during trading, an increase of 741% from the average session volume of 42,463 shares. The stock had previously closed at GBX 33.50.

Virgin Wines UK Stock Performance

The company has a debt-to-equity ratio of 9.65, a current ratio of 1.51 and a quick ratio of 1.02. The stock’s 50 day simple moving average is GBX 41.22 and its two-hundred day simple moving average is GBX 51.64. The stock has a market cap of £13.95 million, a P/E ratio of 97.73 and a beta of 1.05.

Virgin Wines UK (LON:VINO) last released its quarterly earnings results on Tuesday, March 17th. The company reported GBX (0.40) earnings per share for the quarter. Virgin Wines UK had a net margin of 0.25% and a return on equity of 0.68%. As a group, research analysts forecast that Virgin Wines UK PLC will post 3.6429872 EPS 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.