Virgin Wines UK (LON:VINO) Hits New 1-Year Low – Here’s What Happened

Virgin Wines UK PLC (LON:VINO) hit a new 52-week low 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 Stock Down 0.5 %

The firm has a market cap of £16.90 million, a PE ratio of -4,250.00 and a beta of 1.18. The company has a current ratio of 1.65, a quick ratio of 1.02 and a debt-to-equity ratio of 13.16. The firm has a 50 day moving average price of GBX 32.82 and a 200-day moving average price of GBX 37.80.

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.