Virgin Wines UK (LON:VINO) Reaches New 52-Week Low – What’s Next?

Shares of Virgin Wines UK PLC (LON:VINO) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 30 ($0.37) and last traded at GBX 31 ($0.38), with a volume of 389319 shares trading hands. The stock had previously closed at GBX 30.50 ($0.38).

Virgin Wines UK Trading Up 6.1 %

The firm has a 50 day simple moving average of GBX 32.27 and a 200 day simple moving average of GBX 37.33. The company has a current ratio of 1.65, a quick ratio of 1.02 and a debt-to-equity ratio of 13.16. The firm has a market capitalization of £18.01 million, a PE ratio of -4,250.00 and a beta of 1.18.

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.