Virgin Wines UK (LON:VINO) Reaches New 12-Month High – Time to Buy?

Virgin Wines UK PLC (LON:VINO) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 56 ($0.76) and last traded at GBX 55.50 ($0.75), with a volume of 1373596 shares trading hands. The stock had previously closed at GBX 54.90 ($0.74).

Virgin Wines UK Trading Up 1.1%

The stock’s fifty day simple moving average is GBX 47.27 and its two-hundred day simple moving average is GBX 39.32. The firm has a market cap of £31.41 million, a PE ratio of 22.96 and a beta of 1.18. The company has a quick ratio of 1.02, a current ratio of 1.80 and a debt-to-equity ratio of 11.72.

Virgin Wines UK (LON:VINO) last issued its quarterly earnings results on Wednesday, March 26th. The company reported GBX 1.60 ($0.02) EPS for the quarter. Virgin Wines UK had a return on equity of 5.99% and a net margin of 2.34%. On average, sell-side analysts forecast that Virgin Wines UK PLC will post 3.6429872 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.