Virgin Wines UK (LON:VINO) Stock Falls 2% – Here’s What Happened

Shares of Virgin Wines UK PLC (LON:VINO) fell 2% during trading on Friday. The company traded as low as GBX 25 and last traded at GBX 25. Approximately 961 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 35,815 shares. The stock had previously closed at GBX 25.50.

Virgin Wines UK Price Performance

The company has a market cap of £11.89 million, a price-to-earnings ratio of 83.33 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. The company has a fifty day moving average price of GBX 26.02 and a two-hundred day moving average price of GBX 34.30.

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.