Virgin Wines UK (LON:VINO) Sets New 1-Year High – Here’s Why

Virgin Wines UK PLC (LON:VINO) shares hit a new 52-week high on Monday . The stock traded as high as GBX 50 ($0.65) and last traded at GBX 49.50 ($0.64), with a volume of 14649 shares trading hands. The stock had previously closed at GBX 49.20 ($0.64).

Virgin Wines UK Stock Down 8.4 %

The company has a debt-to-equity ratio of 11.72, a current ratio of 1.80 and a quick ratio of 1.02. The firm has a 50-day moving average price of GBX 37.42 and a 200 day moving average price of GBX 36.70. The company has a market cap of £25.41 million, a price-to-earnings ratio of 18.58 and a beta of 1.18.

Virgin Wines UK (LON:VINO) last released its earnings results on Wednesday, March 26th. The company reported GBX 1.60 ($0.02) earnings per share for the quarter. Virgin Wines UK had a return on equity of 5.99% and a net margin of 2.34%. Sell-side analysts predict that Virgin Wines UK PLC will post 3.6429872 EPS for the current year.

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.