Various Eateries (LON:VARE) Reaches New 52-Week High – Still a Buy?

Various Eateries PLC (LON:VARE)’s share price reached a new 52-week high on Monday . The company traded as high as GBX 16 and last traded at GBX 14.60, with a volume of 30219 shares changing hands. The stock had previously closed at GBX 16.

Various Eateries Price Performance

The firm has a market cap of £25.43 million, a P/E ratio of -9.08 and a beta of 0.12. The business’s fifty day simple moving average is GBX 12.62 and its 200-day simple moving average is GBX 11.81. The company has a current ratio of 0.61, a quick ratio of 0.67 and a debt-to-equity ratio of 210.14.

Various Eateries (LON:VARE) last posted its earnings results on Monday, February 2nd. The company reported GBX (1.60) earnings per share for the quarter. Various Eateries had a negative net margin of 5.22% and a negative return on equity of 9.95%. As a group, analysts forecast that Various Eateries PLC will post -2.9999999 EPS for the current fiscal year.

Various Eateries Company Profile

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.