Various Eateries (LON:VARE) Hits New 12-Month High – Time to Buy?

Shares of Various Eateries PLC (LON:VARE) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 16 and last traded at GBX 16, with a volume of 50355 shares changing hands. The stock had previously closed at GBX 15.

Various Eateries Stock Up 6.7%

The company has a quick ratio of 0.67, a current ratio of 0.61 and a debt-to-equity ratio of 210.14. The firm has a market cap of £28.01 million, a P/E ratio of -10.00 and a beta of 0.12. The business has a fifty day moving average of GBX 12.04 and a 200 day moving average of GBX 11.63.

Various Eateries (LON:VARE) last issued its earnings results on Monday, February 2nd. The company reported GBX (1.60) EPS for the quarter. Various Eateries had a negative net margin of 5.22% and a negative return on equity of 9.95%. On average, equities research analysts predict that Various Eateries PLC will post -2.9999999 EPS for the current year.

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.