Virgin Wines UK (LON:VINO) Stock Price Down 2% – Should You Sell?

Virgin Wines UK PLC (LON:VINO)’s share price dropped 2% during trading on Friday . The company traded as low as GBX 25 and last traded at GBX 25. 25,000 shares were traded during trading, a decline of 35% from the average session volume of 38,744 shares. The stock had previously closed at GBX 25.50.

Virgin Wines UK Trading Down 2.0%

The company has a current ratio of 1.51, a quick ratio of 1.02 and a debt-to-equity ratio of 9.65. The firm has a market capitalization of £11.89 million, a P/E ratio of 83.33 and a beta of 1.05. The firm has a 50-day moving average of GBX 26.77 and a two-hundred day moving average of GBX 37.75.

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.