Virgin Wines UK (LON:VINO) Reaches New 52-Week Low – Here’s Why

Virgin Wines UK PLC (LON:VINO)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 30 ($0.37) and last traded at GBX 30.30 ($0.38), with a volume of 801413 shares. The stock had previously closed at GBX 30.50 ($0.38).

Virgin Wines UK Trading Down 0.7 %

The company has a fifty day simple moving average of GBX 33.06 and a two-hundred day simple moving average of GBX 37.94. The stock has a market capitalization of £16.87 million, a P/E ratio of -4,250.00 and a beta of 1.18. The company has a quick ratio of 1.02, a current ratio of 1.65 and a debt-to-equity ratio of 13.16.

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.