Virgin Wines UK (LON:VINO) Issues Quarterly Earnings Results

Virgin Wines UK (LON:VINO) announced its quarterly earnings results on Wednesday. The company reported GBX (2.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Virgin Wines UK had a net margin of 0.25% and a return on equity of 0.68%.

Virgin Wines UK Price Performance

Shares of LON:VINO traded up GBX 0.50 during midday trading on Wednesday, reaching GBX 26. 129,865 shares of the company were exchanged, compared to its average volume of 34,611. The business’s fifty day moving average is GBX 25.71 and its two-hundred day moving average is GBX 31.83. Virgin Wines UK has a one year low of GBX 24.60 and a one year high of GBX 64. The stock has a market cap of £12.37 million, a PE ratio of 86.67 and a beta of 1.05. The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 9.65.

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.