Virgin Wines UK (LON:VINO) Shares Down 0.6% – Time to Sell?

Virgin Wines UK PLC (LON:VINO) shares fell 0.6% on Friday . The company traded as low as GBX 60.11 and last traded at GBX 60.11. 20,164 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 35,365 shares. The stock had previously closed at GBX 60.50.

Virgin Wines UK Stock Down 0.6%

The company has a quick ratio of 1.02, a current ratio of 1.80 and a debt-to-equity ratio of 11.72. The company’s fifty day moving average price is GBX 59.26 and its 200-day moving average price is GBX 56.63. The stock has a market capitalization of £30.06 million, a PE ratio of 26.13 and a beta of 1.18.

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.