Various Eateries (LON:VARE) Sets New 52-Week Low – Here’s What Happened

Various Eateries PLC (LON:VARE) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 12 ($0.16) and last traded at GBX 13 ($0.17), with a volume of 8762 shares trading hands. The stock had previously closed at GBX 13.25 ($0.18).

Various Eateries Trading Down 1.9 %

The company has a market cap of £22.76 million, a price-to-earnings ratio of -3.50 and a beta of 0.12. The company has a debt-to-equity ratio of 116.95, a quick ratio of 0.67 and a current ratio of 0.63. The business’s 50 day moving average price is GBX 14.84 and its 200-day moving average price is GBX 16.20.

Various Eateries (LON:VARE) last posted its earnings results on Tuesday, February 4th. The company reported GBX (2) (($0.03)) earnings per share for the quarter. Various Eateries had a negative return on equity of 21.44% and a negative net margin of 13.11%. On average, research analysts forecast that Various Eateries PLC will post -2.9999999 EPS for the current year.

Insider Buying and Selling at Various Eateries

In other Various Eateries news, insider Hugh Osmond bought 1,000,000 shares of the company’s stock in a transaction on Wednesday, April 2nd. The stock was bought at an average price of GBX 11 ($0.15) per share, for a total transaction of £110,000 ($145,598.94). Corporate insiders own 70.24% of the company’s stock.

About Various Eateries

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.