Virgin Wines UK (LON:VINO) Trading Down 1.7% – Time to Sell?

Shares of Virgin Wines UK PLC (LON:VINO) dropped 1.7% on Monday . The stock traded as low as GBX 55.10 and last traded at GBX 57. Approximately 72,563 shares changed hands during mid-day trading, an increase of 113% from the average daily volume of 34,053 shares. The stock had previously closed at GBX 58.

Virgin Wines UK Trading Up 0.5%

The company has a quick ratio of 1.02, a current ratio of 1.69 and a debt-to-equity ratio of 9.69. The stock’s 50 day moving average is GBX 60.60 and its two-hundred day moving average is GBX 55.21. The company has a market capitalization of £27.87 million, a PE ratio of 24.70 and a beta of 1.16.

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.